The income statement and additional data of Minerals Plus, Inc. follows: (Click the icon to view the income statement.) view the additional data.) (Click the icon to Prepare Minerals Plus's statement of cash flows for the year ended September 30, 2024, 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.) Minerals Plus, Inc. 10 The income statement and additional data of Minerals Plus, Inc. follows: Minerals Plus, Inc. Statement of Cash Flows Year Ended September 30, 2024 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 Activities Minerals Plus, Inc. Income Statement Year Ended September 30, 2024 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Salaries Expense Depreciation Expense-Plant Assets Total Operating Expenses Net Income Before Income Taxes Income Tax Expense Net Income 69 232,000 99,000 133,000 59,000 24,000 83,000 50,000 10,500 $ 39,500 The income statement and additional data of Minerals Plus, Inc. follows: (Click the loon to view the income statement) (Click the loon to view the additional data) Prepare Minerals Plus's statement of cash flows for the year ended September 30, 2024, 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) Minerals Plus, Inc Statement of Cash Flows Year Ended September 30, 2024 Cash Flows from Operating Activities Net Income Adjustments to Reconcile Net Income to Nel Cash Provided by (Used for) Operating Activit Net Cash Provided by (Used for) Operating Activities More info 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. Cash receipts from issuance of common stock total $27,000. C. d. Payment of note payable is $14,000. e. Payment of dividends is $10,000. f. From the balance sheet: Cash Accounts Receivable Merchandise Inventory Land Plant Assets September 30 2024 2023 $ 37,000 $ 31,500 52,000 38,000 98,000 96,000 72,000 97,000 173,000 55,000 Accumulated Depreciation (48,000) (24,000) Accounts Payable 36,000 22,000 Accrued Liabilities 18,000 27,000 Notes Payable (long-term) 15,000 14,000 Common Stock, no par 32,000 5,000 Retained Earnings 269,000 239,500 Print Done