The income statement and additional data of Healthy Living Plus, Inc. follows: (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Healthy Living 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 used in the statement, leave the box empty; do not select a label or enter a zero.) i Data Table Healthy Living Plus, Inc. Statement of Cash Flows Year Ended September 30, 2018 Cash Flows from Operating Activities: Net Income Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities Depreciation ExpensePlant Assets $ 54,000 $ 25,000 10.000 Healthy Living Plus, Inc. Income Statement Year Ended September 30, 2018 Net Sales Revenue S 238.000 Cost of Goods Sold 89.000 Gross Profit 149.000 Operating Expenses: Salaries Expense S 59.000 Depreciation Expense Plant Assets 25.000 Total Operating Expenses 84.000 Net Income Before Income Taxes 65,000 Income Tax Expense 11.000 S Net Income 54,000 Decrease in Accounts Receivable Increase in Merchandise Inventory Increase in Accounts Payable Decrease in Accrued Liabilities Net Cash Provided by (Used for) Operating Activities (3.000) 9.000 (5,000) 36,000 90,000 Choose from any list or enter any number in the input fields and then click Check Answer. ? 2 parts 2 Check Answer remaining Print Done W E14-21 (similar to) Question Help 0 More Info The income statement and additional data of Healthy Living Plus, Inc. follows: B (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Healthy Living Plus's statement of cash flows for the year ended September 30, 2018, using the ind Net Income S 54,000 Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation ExpensePlant Assets $ 25,000 Acquisition of plant assets is $121,000. Of this amount, $110,000 is paid in cash and $11,000 by signing a note payable. b. Cash receipt from sale of land totals $21,000. There was no gain or loss. C. Cash receipts from issuance of common stock total $35,000 d. Payment of note payable is $10,000. Payment of dividends is $7,000. f. From the balance sheet: September 30 2018 2017 10,000 Cash S 31,000 S 12.000 57,000 Decrease in Accounts Receivable Increase in Merchandise Inventory Increase in Accounts Payable Decrease in Accrued Liabilities Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: (3.000) 9,000 (5,000) Accounts Receivable Merchandise Inventory 47.000 95,000 92,000 36,000 Land 58,000 90,000 79,000 30,000 Plant Assets Accumulated Depreciation Accounts Payable Accrued Liabilities Notes Payable (long-term) Common Stock, no par 151,000 (40,000) 39,000 15,000 (15,000) 30,000 20,000 11,000 10,000 8,000 43,000 Net Cash Provided by (Used for) Investing Activities Choose from any list or enter any number in the input fields and then click Check Answer. Print Done W E14-21 (similar to) Question More Info b. The income statement and additional data of Healthy Living Plus, Inc. follows: (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare Healthy Living Plus's statement of cash flows for the year ended September 30, 2018, using the ind Net Income $ 54,000 Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation ExpensePlant Assets $ 25,000 C. and $11,000 by signing a note payable Cash receipt from sale of land totals $21,000. There was no gain or loss. Cash receipts from issuance of common stock total $35.000, Payment of note payable is $10,000. Payment of dividends is $7,000. From the balance sheet: d. e. f. September 30 2018 2017 Cash S 31,000 $ 12,000 10,000 (3,000) 9.000 (5,000) Decrease in Accounts Receivable Increase in Merchandise Inventory Increase in Accounts Payable Decrease in Accrued Liabilities Net Cash Provided by (Used for) Operating Activities Cash Flows from Investing Activities: Accounts Receivable Merchandise Inventory Land 47,000 95,000 57,000 92,000 36,000 90,000 58,000 151,000 (40,000) 39,000 Plant Assets Accumulated Depreciation Accounts Payable Accrued Liabilities Notes Payable (long-term) Common Stock, no par Retained Earnings 79,000 30,000 (15,000) 30,000 20.000 15.000 11.000 10,000 43,000 8,000 234.000 187,000 Net Cash Provided by (Used for) Investing Activities Choose from any list or enter any number in the input fields and then click Check Answer Print Done Prepare Healthy Living 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. Net Income $ 54,000 Adjustments to Reconcile Net Income to Net Cash Provided by (Used for) Operating Activities: Depreciation ExpensePlant Assets 25,000 $ Acquisition of Plant Assets by Issuing Note Payable Cash Payment for Acquisition of Plant Assets Cash Payment of Dividends Cash Payment of Notes Payable Cash Receipt from Issuance of Common Stock Cash Receipt from Sale of Land Decrease in Accounts Receivable Decrease in Accrued Liabilities Depreciation ExpensePlant Assets Increase in Accounts Payable Increase in Merchandise Inventory 10,000 (3,000) 9,000 (5,000) 36,000 90,000 Net Cash Provided by (Used for) Investing Activities Choose from any list or enter any number in the input fields and then click Check