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M . Year Ende Sep 30, 2018 HIE POSODE TOSHIBA The income statement and additional data of Minerals Plus, Inc. follows: Click the icon to

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M . Year Ende Sep 30, 2018 HIE POSODE TOSHIBA The income statement and additional data of Minerals Plus, Inc. follows: Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Minerals Plus's statement of cash flows for the year ended September 30, 2018, using the indirect method. Include a separa and financing activities. Complete the statement one section at a time, beginning with the cash flows from operating activities. (Use a minus sign or parenthes decrease in cash. If a box is not used in the statement, leave the box empty: do not select a label or enter a zero) Minerals Plus, Inc. Statement of Cash Flows Year Ended September 30, 2018 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 Cash Flows from Investing Activities: X Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Feedback Choose from any list or enter any number in the input fields and then continue to the next question Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, September 30, 2017 Cash Balance, September 30, 2018 x Non-cash Investing and Financing Activities: Feedback Total Non-cash Investing and Financing Activities Choose from any list or enter any number in the input fields and then continue to the next question Data Table - X Minerals Plus, Inc. Income Statement Year Ended September 30, 2018 Net Sales Revenue $ 236,000 91,000 145,000 Cost of Goods Sold Gross Profit Operating Expenses Salaries Expense 51,000 25,000 Depreciation Expense-Plant Assets Total Operating Expenses Net Income Before Income Taxes 76,000 69,000 11,000 Final Income Tax Expense Net Income $ 58,000 17 18 Print Done More Info a. Acquisition of plant assets is $115,000. Of this amount, $100,000 is paid in cash and $15,000 by signing a note payable. b. Cash receipt from sale of land totals $22,000. There was no gain or loss. c. Cash receipts from issuance of common stock total $35,000 d. Payment of note payable is $14,000. e. Payment of dividends is $8,000. f. From the balance sheet: September 30 2018 2017 1) Cash iviti Accounts Receivable Merchandise Inventory Land $ 33,000 45,000 99,000 83,000 190,000 (45,000) 31,000 15,000 15,000 40,000 304,000 Plant Assets Accumulated Depreciation Accounts Payable Accrued Liabilities Notes Payable (long-term) Common Stock, no par Retained Earnings $ 8,000 59,000 92,000 105,000 75,000 (20,000) 22.000 24,000 14.000 5,000 254.000 for) Cash 30,201 30,201 nancing Print Done and Financing Activities nter any number in the input fields and then continue to the next

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