The income statement and additional data of Vitamins Plus, Inc. follow: in (Click the icon to view the income statement.) Click the icon to view the additional data.) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the Indirect method. Use the transaction references in Panel B when selecting the transaction references in Panel A. (If a box is not used in the spreadsheet, leave the box empty; do not select a label or enter a zero. Do not check your answer until both Panel A and Panel B have been completed. Abbreviations used: Acquistion of Plant Assets by Issuing NP Acquisition of Plant Assets by Issuing Note Payable.) Vitamins Plus, Inc. Spreadsheet for Statement of Cash Flows Year Ended September 30, 2018 Balance Transaction Analysis DEBIT CREDIT Panel A Balance Sheet: 9/30/2018 Cash Balance 9/30/2017 $ 22,000 52,000 94,000 75,000 Accounts Receivable Merchandise Inventory Plant Assets 38,000 30,000 99,000 196,000 Accumulated Depreciation-Plant Assets Land (25,000) 87,000 (55,000) 62.000 Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later The income statement and additional data of Vitamins Plus, Inc. follow (Click the icon to view the income statement. (Click the icon to view the additional data.) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method. Accumulated Depreciation--Plant Assets Land (25,000) 87,000 305,000 (55,000) 62,000 379,000 $ Total Assets Accounts Payable Accrued Liabilities Notes Payable Total Liabilities 24,000 20,000 DO 13,000 57,000 37,000 13,000 14,000 64,000 5,000 Common Stock, no par Retained Earnings Total Liabilities and Stockholders' Equity 243,000 305,000 34,000 281,000 379,000 $ Panel B-Statement of Cash Flows: Choose from any list or enter any number in the input fields and then continue to the next question Save for Later The income statement and additional data of Vitamins Plus, Inc. follow: (Click the icon to view the income statement. (Click the icon to view the additional data) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method. Panel B-Statement of Cash Flows: Cash Flows from Operating Activities: Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: IN THE Net Cash Provided by Operating Activities Cash Flows from Investing Activities: (91) Net Cash Used for Investing Activities Cash Flows from Financing Activities: Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later The income statement and additional data of Vitamins Plus, Inc. follow: (Click the icon to view the income statement.) (Click the icon to view the additional data.) Prepare the spreadsheet for the 2018 statement of cash flows. Format cash flows from operating activities by the indirect method. Cash Flows from Investing Activities: Net Cash Used for Investing Activities Cash Flows from Financing Activities: Net Cash Used for Financing Activities Non-cash Investing and Finan 9 5 RO Total Non-cash Investing and Financing Activities (92) Total Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later Data Table Vitamins Plus, Inc. Income Statement Year Ended September 30, 2018 Net Sales Revenue $ 239,000 95,000 144,000 Cost of Goods Sold Gross Profit Operating Expenses: Salaries Expense Depreciation Expense-Plant Assets Total Operating Expenses Net Income Before Income Taxes $ 59,000 30,000 89,000 Income Tax Expense Net Income 55,000 6,000 49,000 S Ass Print Done nun More Info a. Acquisition of plant assets is $121,000. Of this amount, $107,000 is paid in cash and $14,000 by signing a note payable. Cash receipt from sale of land totals $25,000. There was no gain or loss. C. Cash receipts from issuance of common stock total $29,000. d. Payment of note payable is $13,000. e. Payment of dividends is $11,000. f. From the balance sheet: September 30 2018 2017 Cash Accounts Receivable Merchandise Inventory Land Plant Assets Accumulated Depreciation Accounts Payable Accrued Liabilities $ 38,000 39,000 99,000 62,000 196,000 (55,000) 37,000 13,000 $ 22,000 52,000 94,000 87,000 75,000 (25,000) 24,000 20,000 Print Done More Info Payment of note payable is $13,000. Payment of dividends is $11,000. From the balance sheet: 2017 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 $ 38,000 $ 22,000 39,000 52,000 99,000 94,000 62,000 87,000 196,000 75,000 (55,000) (25,000) 37,000 24,000 13,000 20,000 14,000 13,000 34,000 5,000 281,000 243,000 Print Done