TUBE CO) Hauslimaneca lortu Come one with Yet the Campus Acco Therecon Expono Panther DARBS Der hom ata Table Healthy Living Plus, Inc. Income Statement Year Ended September 30, 2024 Net Sales Revenue $ 238,000 99,000 Cost of Goods Sold Gross Profit 139.000 Operating Expenses Salaries Expense $ 60,000 22.000 Depreciation Expense-Plant Assets 82,000 Total Operating Expenses Net Income Before Income Taxes 57,000 11,970 Income Tax Expense 45,030 Net Income Print Done 1 More Info a. Acquisition of plant assets is $120,000. Of this amount, $107.000 is paid in cash and $13,000 by signing a note payable. b. Cash receipt from sale of land totals $23,000. There was no gain or loss. c. Cash receipts from issuance of common stock total $30.000 d. Payment of note payable is $12,000. e. Payment of dividends is $11,000. f. From the balance sheet: September 30 2024 2.23 Cash $ 35,000 $ 27.970 Accounts Receivable 45,000 57,000 Merchandise Inventory 91,000 82.000 Land 58,000 81,000 Plant Assets 170,000 50,000 Accumulated Depreciation (52,000) (30,000) Accounts Payable 33.000 15.000 Accrued Liabilities 15.000 19,000 Notes Payable (long-term) 13,000 12.000 Common Stock, no par 37 000 7,000 Retained Earnings 249,000 214,970 Print Done