Prepare Minerals Plus's statement of cash flows for the year ended September 30, 2016, 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 parentheses or a minus sign for numbers to be subtracted. 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, 2016 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 a. Acquisition of plant assets is $128,000. Of this amount, $110,000 is paid in cash and $18,000 by signing a note payable b. Cash receipt from sale of land totals $25,000. There was no gain or loss c. Cash receipts from issuance of common stock total $27,000 d. Payment of note payable is $17,000 e. Payment of dividends is $6,000 f. From the balance sheet: September 30 2016 2015 Cash Accounts Receivable Merchandise Inventory Plant Assets Accumulated Depreciation Land Accounts Payable Accrued Liabilities Notes Payable (long-term) Common Stock, no par $ 33,000 26,000 54,000 84,000 75,000 (35,000) 87,000 22,000 20,000 17,000 9,000 37,000 93,000 203,000 (61,000) 62,000 37,000 15,000 18,000 36,000 Minerals Plus, Inc. Income Statement Year Ended September 30, 2016 Sales Revenue Cost of Goods Sold Gross Proft Operating Expenses $ 235,000 98,000 137,000 Salaries Expense Depreciation Expense-Plant Assets Total Operating Expenses $ 59,000 26,000 Net Income Before Income Taxes ncome Tax Expense Net Income 85,000 52,000 8,000 $ 44,000