Rebecca's Money Print Shop, Corp, Income Statement Year Ended Ended September 30, 2020 Sales Revenue Cost of Goods Sold Gross Profit 1,400,000 750,000 650,000 Operating Expenses: Other Operating Expenses Patent Amortization 194,000 7,000 Depreciation Expense-Plant Assets 23,000 Total Operating Expenses 224,000 Income From Operations 426,000 Other Income (Expenses) Gain on Sale of Investment 10,000 -19,000 Interest Expense -29,000 Net Income Before Income Taxes 407,000 Income Tax Expense Net Income 70,000 337,000 Additional data follow: a. Land costing $18,000 was sold for $18,000. b. A mortage note was issused for $40,000. c. A building was constructed for $117,000. d. 2,500 shares of common stock were issued at $50 in exchange for the bonds payable. e. Cash dividends declared were $74,680. f. From the balance sheet: f. From the balance sheet: September 30 2020 2019 Cash $140,330 $96,000 Accounts Receivable 95,100 102,200 Merchandise Inventory 165,300 158,000 Prepaid Expenses 6,270 5,850 Investments (Long-term) 35,600 84,900 Land 73,000 80,000 Buildings 373,000 240,000 Accumulated Depreciation-Buildings -71,600 -58,000 Machinery 428,300 428,400 Accumulated Depreciation-Machinery -148,700 -135,000 Patents Accounts Payable Accrued Liabilities 54,000 68,000 43,500 46,400 16,000 12,600 Income Taxes Payable 7,900 8,200 Dividends Payable 16,000 15,000 Mortgage Note Payable (long-term) 30,000 Bonds Payable 170,000 280,000 Common Stock, $30 Par 63,000 373,000 Paid-In Capital Excess of Par-Common 66,260 41,240 Retained Earnings 373,650 349,830 Prepare Rebecca's Money statement of cash flows for the year ended September 30, 2020, using the indirect method. Include a separate section for non-cash investing and financing activities Rebecca's Money Print Shop Statement of Cash Flows Indirect Method For Year Ending September 30, 2020 Cash Flows for Operating Activities: Rebecca's Money Print Shop Statement of Cash Flows - Indirect Method For Year Ending September 30, 2020 Cash Flows for Operating Activities: Adjustments to reconcile Net Income to Net Cash flows Changes in Current Operating Assets & Liabilities Net Cash Flows from Operating Activities Cash Flows from Investing Activities: Net Cash Flows used for Investing Activities Cash Flows from Financing Activities: Cash Flows from Investing Activities: Net Cash Flows used for Investing Activities Cash Flows from Financing Activities: Net Cash provided by Financing Activities Net Increase (Decrease) in Cash Cash at End of Year Non-Cash Investing & Financing Activties: Total Non-Cash Investing & Financing Activities Check All Parts