Score: 0 of 5 pls E14-21 (similar to The income statement and additional data of Dolly Plus, Inc. follows: BRA (Click the icon to view the income statement) Click the icon to view the additional data) Prepare Daily 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 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 Daily Plus, Inc. Statement of Cash Flows Year Ended September 30, 2018 Cash Flows from Operating Advies Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation Expense Plant Assets increase in Marchandso inventory E ncount Choose from any lost or enter any number in the input fields and then click check Ansnet 3 11 of 11 (9 complete) i Data Table ng acti in casi $ Daily Plus, Inc. Income Statement Year Ended September 30, 2018 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Salaries Expense 51.000 Depreciation Expense-Plant Assets Total Operating Expenses Net Income Before Income Taxes Income Tax Expense 230,000 98.000 132.000 79.000 53,000 8.000 Net income 45,000 Print Done 11 of 11 (9 complete) * More Info activities cash. Ifal a. Acquisition of plant assets is 5126,000. Of this amount, $109,000 is paid in cash and $17,000 by signing a note payable. b. Cash receipt from sale of land totals $29,000. There was no gain or loss. c. Cash receipts from issuance of common stock total $30,000 d. Payment of note payable is $16,000. e. Payment of dividends is $7,000. f. From the balance sheet September 30 2018 2017 Cash $ 31,000 $ 17,000 Accounts Receivable 42,000 58.000 Merchandise Inventory 91,000 82,000 Land 72,000 101,000 Plant Assets 166,000 40,000 Accumulated Depreciation (43.000) (15.000) Accounts Payable 40.000 28.000 Accrued Liabilities 11.000 16,000 Notes Payable (long-term) 17.000 16.000 Common Stock no par 35.000 5,000 Retained Famins 256 non 218.000 Print Done Clear All ses 11 of 11 (9 complete) * More Info ewt er 30 activiti ws fr REQUISITOITUT plant assets is 120,000. UT US amount, TUSUU IS pa cash and $17,000 by signing a note payable. b. Cash receipt from sale of land totals $29,000. There was no gain or loss. C Cash receipts from issuance of common stock total $30,000. d. Payment of note payable is $16,000. e. Payment of dividends is $7,000 f. From the balance sheet: cash! Cash Accounts Receivable Merchandise Inventory Land Plant Assets Accumulated Depreciation Accounts Payable Accrued Liabilities Notes Payable (long-term) Common Stock no par Retained Earnings September 30 2018 2017 $ 31,000 $ 17.000 42,000 58,000 91.000 82,000 72 000 101,000 166.000 40.000 (43.000) (15.000) 40.000 28.000 11.000 16.000 17.000 16 000 35.000 5.000 256.000 218,000 Print Done Clear All