Homework: Financial Chapter 16 Homework Save Score: 0 of 25 pts 4 of 5 (3 complete) HW Score: 35%, 35 of 100 pts EF16-21 (similar to) Assigned Media Question Help i More Info The income statement and additional data of Energy Plus, Inc. follows: E (Click the icon to view the income statement.) (Click the icon to v v Prepare Energy Plus's statement of cash flows for the year ended Septen ancing activities Complete the statement one section at a time, beginning with the cash flo not select a label or enter a zero.) te in cash. If a box is not used in the statement, leave the box empty: do a. Acquisition of plant assets is $122,000. Of this amount, $107.000 is paid in cash and $15,000 by signing a note payable. b. Cash receipt from sale of land totals $26,000. There was no gain or loss. Cash receipts from issuance of common stock total $32,000 d. Payment of note payable is $14,000. e. Payment of dividends is $8,000. From the balance sheet: September 30 Energy Plus, Inc. Statement of Cash Flows Year Ended September 30, 2024 Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: 2024 2023 $ 32,000 $ 8.550 Cash 39,000 53,000 97,000 58,000 95,000 84,000 162,000 40,000 in Accounts Recevable Merchandise Inventory Land Plant Assets Accumulated Depreciation Accounts Payable Accrued Liabilities Notes Payable (long-term) Common Stock, no par Retained Earnings (47,000) (22,000) 34,000 16,000 1 22.000 18,000 15,000 12 14,000 9,000 41,000 Net Cash Provided by (Used for) Operating Activities 233,000 197,550 Choose from any list or enter any number in the input fields and then ? Print Done 3 3 parts remaining Check Answer EF 16-21 (similar to) Assigned Media Question Help The income statement and additional data of Energy Plus, Inc. follows: Click the icon to view the income statement) (Click the icon to view the additional dala.) Prepare Energy Plus's statement of cash flows for the year ended September 30, 2024 using the indirect method. Include a separate section for non-cash investing and financing activities. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box emply; do not select a label or enter a zero.) Energy Plus, Inc. Statement of Cash Flows Year Ended September 30, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Net Cash Provided by (Used for) Operating Activities The income statement and additional data of Energy Plus, Inc. follows: (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Energy Plus's statement of cash flows for the year ended September A Data Table x hd financing activities, crease in cash. If a box is not used in the statement, leave the box emply, do Complete the statement one section at a time, beginning with the cash flows fr not select a label or enter a zero.) Energy Plus, Inc. Statement of Cash Flows Year Ended September 30, 2024 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Energy Plus, Inc. Income Statement Year Ended September 30, 2024 Net Sales Revenue $ 232,000 97.000 135,000 Cost of Goods Sold Gross Profit Operating Expenses: Salaries Expense Depreciation Expense-Plant Assets Total Operating Expenses Net Income Before Income Taxes $ 55,000 25.000 80,000 55,000 11,550 Income Tax Expense $ 43,450 Net Incomo Net Cash Provided by (Used for) Operating Activities Print Done Choose from a list antaram number in the innt field and then click hernier