The income statement and additional data of Minerals Plus, Inc. follows: EL (Click the icon to view the income statement.) (Click the icon 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 Increase in Merdiandise Inventory (2.000) Increase in Accounts Payable 12000 Decrease in Accrued Liabilities (7.000) 45,000 93 980 Net Cash Provided by Used for) Operating Activities Cash Flows from investing Activities Net Cash Provided by Used for vesting Act i Data Table W 2 Se ITIETOISUS, TIL ting and Income Statement Year Ended September 30, 2024 Net Sales Revenue $ 240,000 95,000 Cost of Goods Sold Gross Profit 145,000 an $ Operating Expenses Salaries Expense Depreciation Expense Plant Assets Total Operating Expenses Net Income Before Income Taxes 57.000 26,000 83,000 62000 13.020 Income Tax Expense Net Income $ 48,980 Print Done 4 of 7 (6 complete) i More Info - X Inc. foli k the ice rended and finan C. a. Acquisition of plant assets is $124,000. Of this amount, $107,000 is paid in cash and $17,000 by signing a note payable. b. Cash receipt from sale of land totals $23,000. There was no gain or loss. Cash receipts from issuance of common stock total $30,000. d. Payment of note payable is $16,000. e. Payment of dividends is $9,000 f. From the balance sheet: September 30 2024 2023 Cash $ 30,000 $ 15,020 Accounts Receivable 36,000 52,000 Merchandise Inventory 98,000 96.000 Land 74,000 97000 Plant Assets 189,000 65.000 Accumulated Depreciation (46,000) (20,000) fields and Print Done - X More Info foil e ice nded TTUIT UIC DOCTILC OCEL and financ September 30 2024 2023 Cash Accounts Receivable Merchandise Inventory Land Plant Assets Accumulated Depreciation Accounts Payable Accrued Liabilities Notes Payable (long-term) Common Stock, no par Retained Earnings $ 30,000 $ 15,020 36,000 52,000 98,000 96,000 74.000 97,000 189,000 65,000 (46,000) (20.000) 39.000 27,000 20,000 27,000 17,000 16,000 38,000 8.000 267.000 227 020