Use the Supplements Plus, Inc. data in Exercise E14-21 to prepare the spreadsheet for the 2016 statement of cash flows. Format cash flows from operating activities by the indirect method.
Exercise E14-21

SUPPLEMENTS PLUS, INC Income Statement Year Ended September 30, 2016 Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: $234,000 91,000 143,000 Salaries Expense Depreciation Expense-Plant Assets Total Operating Expenses $ 55,000 25,000 Net Income Before Income Taxes Income Tax Expense Net Income 80,000 63,000 10,000 S 53,000