TNncome eat tana, Power Points for the water ander 2018 del matters - H 4 - N - Ht M - direct method. Include a separate section for non-cash investing and financing activities. - (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the staten o Data Table a. ca: b. Ca C. d. Pa e. Pa f. FO Minerals Plus, Inc. Income Statement Year Ended September 30, 2018 Net Sales Revenue $ 230,000 93,000 Cost of Goods Sold Gross Profit 137,000 Operating Expenses: Salaries Expense 53,000 28,000 Depreciation Expense-Plant Assets 81,000 Total Operating Expenses 56,000 Net Income Before Income Taxes 8,000 Income Tax Expense $ 48,000 Net Income Print Done in the statement, leave the box empty; do not select a label or enter a zero.) * More Info C. a. Acquisition of plant assets is $117,000. Of this amount, $103,000 is paid in cash and $14,000 by signing a note payable. b. Cash receipt from sale of land totals $24,000. There was no gain or loss. Cash receipts from issuance of common stock total $32,000. d. Payment of note payable is $13,000 e. Payment of dividends is $13,000 f. From the balance sheet: September 30 2018 2017 Cash $ 40,000 $ 25,000 Accounts Recelvable 45,000 58,000 Merchandise Inventory 98,000 96,000 Land 54,000 78,000 Plant Assets 182,000 65,000 Accumulated Depreciation (53,000) (25,000) Accounts Payable 31,000 19,000 Accrued Liabilities 15,000 26,000 Notes Payable (long-term) 14,000 13,000 Common Stock, no par 42.000 10,000 Retained Earnings 264.000 229,000 Print Done