HO More S et of Flows Year Ended Dec direct Method 31, 2018 Cashow from pergi And A nd ad 1000 west of wanted and o Produced From the b est December 0.00 0.00 0 .000 Data Table Additional data: a. Acquisition of plant assets was $139,000. Of this amount, $95.000 was paid in cash and $44,000 was financed by signing a note payable b. Proceeds from the sale of land totaled $59,000 c. Proceeds from the issuance of common stock totaled $47.000 d. Payment of a long-term note payable was $14,000. e. Payment of dividends was $13,000. f. From the balance sheets: December 31, 2018 2017 Newton Travel Products, Inc. Income Statement Year Ended December 31, 2018 Revenues: Service revenue $ 237,000 Dividend revenue 8.200 $ 245 200 Expenses: Cost of goods sold 104.000 Salary expense 55,000 Depreciation expense 34,000 Advertising expense 4,100 Interest expense 2,100 15,000 214,200 Income tax expense $ 31,000 Net income Current assets: $ Cash Accounts receivable Inventory Prepaid expenses 90,000 39,000 104,000 9,400 50,400 53,000 59,000 8,000 Current liabilities: Accounts payable Accrued liabilities $ $ 40,000 82.000 20,000 79,000 Print Done