Question $2,$ EF$16-20($simi

Part $1$ of $4$

Additional Data

The income statement and additional data of Ketta Plus, Inc. follows:

View the income statement.

View the additional data.

Prepare Ketta Plus, Inc.$\text{'}$s statement of cash flows for the year ended September $30,2025,$ using the indirect method.

Complete the statement one section at a time, beginning with the cash flows from operating activities. $($Use a minus si select a label or enter a zero.$)$

$\backslash$table$[[$Ketta Plus, Inc.$],[$Statement of Cash Flows$],[$Year Ended September $30,2025],[$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 Activitis$]]$

a$.$ Acquisition of plant assets is $$113,000.$ Of this amount, $$101,000$ is paid in cash and $$12,000$ by signing a notes 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 $$26,000.$

d$.$ Payment of note payable is $$11,000.$

e$.$ Payment of dividends is $$7,000.$

f$.$ From the balance sheet:

$\backslash$table$[[,$September $30],[,2025,2024],[$Cash$,35,000,$$$23,810$