The income statement of Minerals Plus, Inc. follows:

Additional data follow:
a. Acquisition of plant assets is $ 119,000. Of this amount, $ 100,000 is paid in cash and $ 19,000 by signing a note payable.
b. Cash receipt from sale of land totals $ 28,000. There was no gain or loss.
c. Cash receipts from issuance of common stock total $ 29,000.
d. Payment of note payable is $ 18,000.
e. Payment of dividends is $ 8,000.
f. From the balance sheet:

Prepare Minerals Plus’s statement of cash flows for the year ended September 30, 2015, using the indirect method. Include a separate section for non- cash investing and financingactivities.

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MINERALS PLUS, INC. Income Statement Year Ended September 30, 2015 Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: 235,000 97,000 138,000 Salaries Expense Depreciation Expense Plant Assets Total Operating Expenses 57,000 26,000 Net Income Before Income Taxes Income Tax Expense Net Income 83,000 55,000 4,000 S51,000 September 30 Accounts Receivable Merchandise Inventory Plant Assets Accumulated Depreciation Accounts Payable Accrued Liabilities Notes Payable iong-term) Commo Retained Earnings 2 n Stock