The income statement and additional data of Daily Plus, Inc. follows: (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 at A Data Table i More Info $ 236,000 92,000 Daily Plus, Inc. Income Statement Year Ended September 30, 2018 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Salaries Expense $ 53,000 Depreciation Expense-Plant Assets 23,000 Total Operating Expenses Net Income Before Income Taxes 144,000 a. Acquisition of plant assets is $118,000. Of this amount, $103,000 is paid in cash and $15,000 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 $28,000. d. Payment of note payable is $14,000. e. Payment of dividends is $9,000. f. From the balance sheet: September 30 2018 2017 Cash $ 40,000 $ 16,000 Accounts Receivable 40,000 54,000 Merchandise Inventory 89,000 82,000 Land 54,000 79,000 Plant Assets 203,000 85,000 Accumulated Depreciation (43,000) (20,000) Accounts Payable 39,000 25,000 Accrued Liabilities 14,000 24,000 Notes Payable (long-term) 15,000 14,000 Common Stock, no par 35,000 7,000 Retained Earnings 280,000 226,000 76,000 68,000 5,000 Income Tax Expense $ 63,000 Net Income Print Done Print Done