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please help with this question and all the requirements. Thank You! The income statement and additional data of Energy Plus, Inc. follows: : (Click the

please help with this question and all the requirements. Thank You!image text in transcribedimage text in transcribed

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 30, 2018, using the indirect method. Include a separate section for non-cash investing and financing activities. e. t. 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 empty; do not select a label or enter a zero.) Energy Plus, Inc. Statement of Cash Flows _ x Year Ended September 30, 2018 More Info - X Cash Flows from Operating Activities: Data Table Net Income a. Acquisition of plant assets is $123,000. Of this amount, $104,000 is paid in Adjustments to Reconcile Net Income to Net Cash cash and $19,000 by signing a note payable. Provided by (Used for) Operating Activities: Energy Plus, Inc. b. Cash receipt from sale of land totals $23,000. There was no gain or loss. Income Statement c. Cash receipts from issuance of common stock total $33,000. Year Ended September 30, 2018 d. Payment of note payable is $18,000 Payment of dividends is $6,000. Net Sales Revenue $ 230,000 From the balance sheet: Cost of Goods Sold 93,000 September 30 Gross Profit 137,000 2018 Operating Expenses: Cash $ 33,000 $ 8,000 Salaries Expense 51,000 Accounts Receivable 40,000 58,000 Net Cash Provided by (Used for) Operating Activities Depreciation ExpensePlant Assets 30,000 Merchandise Inventory 98,000 95,000 Cash Flows from Investing Activities: Total Operating Expenses 81,000 Land 54,000 77,000 Net Income Before Income Taxes 56,000 Plant Assets 193,000 70.000 8.000 Income Tax Expense Accumulated Depreciation (54,000) (24,000) $ 48,000 Net Income Accounts Payable 35,000 22,000 Accrued Liabilities 13,000 22,000 Net Cash Provided by (Used for) Investing Activities Notes Payable (long-term) 19,000 18,000 Print Done Cash Flows from Financing Activities: Common Stock, no par 41,000 8,000 Retained Earnings 256,000 214,000 2017 Choose from any list or enter any number in the input fields and then continue to the next question. Print Done 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 30, 2018, using the indirect method. Include a separate section for non-cash investing and financing activities. .X More Info Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: . X Data Table Energy Plus, Inc. Income Statement Year Ended September 30, 2018 Net Sales Revenue a. Acquisition of plant assets is $123,000. Of this amount, $104,000 is paid in cash and $19,000 by signing a note payable. b. Cash receipt from sale of land totals $23,000. There was no gain or loss. c. Cash receipts from issuance of common stock total $33,000. d. Payment of note payable is $18,000. e. Payment of dividends is $6,000 From the balance sheet Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: f. $ 230.000 93,000 Cost of Goods Sold Gross Profit Operating Expenses: 137,000 September 30 2018 2017 Cash $ Salaries Expense $ 51,000 30,000 8,000 58,000 Accounts Receivable Depreciation ExpensePlant Assets Merchandise Inventory 95,000 Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, September 30, 2017 81,000 Land $ 33,000 40,000 98,000 54,000 193,000 (54,000) 35,000 Total Operating Expenses Net Income Before Income Taxes 77,000 56,000 8,000 70,000 (24,000) Cash Balance, September 30, 2018 Income Tax Expense $ 48,000 Net Income 22.000 Non-cash Investing and Financing Activities: Plant Assets Accumulated Depreciation Accounts Payable Accrued Liabilities Notes Payable (long-term) Common Stock, no par Retained Earnings 13,000 22,000 19.000 18,000 Print Done 41,000 8,000 256,000 214,000 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. Print Done

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