Data table Boost Plus, Inc Income Statement Year Ended September 30, 2024) Net Sales Revenue Cost of Goods Sold Gross Profit - X rect More info s. (U $ 231,000 94,000 137,000 Operating Expenses Salaries Expense $ 54,000 Depreciation Expense-Plant Assets 27,000 81.000 Total Operating Expenses Net Income Before Income Taxes Income Tax Expense Net Income Print Done a. Acquisition of plant assets is $124,000 Of this amount, $108,000 is paid in cash and $16,000 by signing a note payable b. Cash receipt from sale of land totals $20,000. There was no gain or loss c. Cash receipts from issuance of common stock total $36,000 d. Payment of note payable is $15,000 Payment of dividends is $5,000 f. From the balance sheet Cash 56,000 12,000 Accounts Receivable Merchandise Inventory September 30 2024 2023 $30,000 $13,000 46,000 61,000 94,000 88,000 Land 44,000 Plant Assets 82.000 214,000 102,000 90,000 Accumulated Depreciation (61.000) (34.000) Accounts Payable 32.000 15,000 Accrued Liabilities 12,000 20,000 Notes Payable (long-term) 16,000 15,000