make it just like the table nothing else Data Table Daily Pl

make it just like the table nothing else

Data Table Daily Plus, Inc. Income Statement Year Ended September 30, 2016 Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses $ 232,000 92,000 140,000 $ 52,000 24,000 Salaries Expense Depreciation Expense-Plant Assets Total Operating Expenses Net Income Before Income Tax Income Tax Expense Net Income 76,000 64,000 6,000 $ 58,000 Print Done

Solution

Statement of Cash Flows AS ON SEPTEMBER 30 20176 Amount in $ Amount in $ Net income $             58,000 Cash flows from operating activities Adjustments for: Depreciation $             24,000 Other assets and liabilites $             24,000 (Increase) / Decrease in Account receivables $             17,000 Inventory Decrease / (Increase) $              -9,000 Accrued Liabilities $              -5,000 Accounts payable Increase / ( Decrese) $             14,000 $             17,000 Net cash from operating activities $             99,000 Cash flows from investing activities Purchase of Plant Assets $        -1,03,000 Sale of land $             23,000 Net cash used in investing activities $            -80,000 Cash flows from Financing activities Dividend Paid $              -7,000 Payment of Note Payable $            -17,000 Issue of Common Stock $             33,000 Net cash used in financing activities $                9,000 Net increase in cash and cash equivalents $             28,000 Add :Cash and cash equivalents at beginning of period $                3,000 Cash and cash equivalents at end of period $             31,000