The income statement and additional data of Vitamins Plus, Inc., follow:

Additional data: 

a. Acquisition of plant assets is $ 1 1 6,000. Of this amount, S 1 0 1 ,000 is paid in cash and \($15,000\) by signing a note payable. 

b. Cash receipt from sale of land totals S24,000. There was no gain or loss.

c. Cash receipts from issuance of common stock total \($30,000.

d.\) Payment of note payable is \($15,000.

e.\) Payment oi dividends is \($1\) 1,000.

f. From the balance sheer: 

Requirement 

Prepare Vitamins Plus, Inc.'s statement of cash flows for the year ended June 30, 2006, using the indirect method. Include a separate section for noncash investing and financing activities.

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VITAMINS PLUS, INC. Income Statement Year Ended June 30, 2006 Revenues: Service revenue $237,000 Expenses: Cost of goods sold $98,000 Salary expense 58,000 Depreciation expense 29,000 Income tax expense 9,000 194.000 Net income $ 43.000