Health Plus Inc Income Statement Year Ended September 30 201

Health Plus, Inc. Income Statement Year Ended September 30, 2016 Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses $ 239,000 95,000 144,000 $ 51,000 26,000 Salaries Expense Depreciation Expense-Plant Assets Total Operating Expenses Net Income Before Income Tax Income Tax Expense Net Income 77,000 67,000 6,000 $ 61,000

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Health Plus, Inc. Statement of Cash Flows For the year ended Amount Cash flows from operating activities Net Income $61,000 Adjust to reconcile net income to net cash provided Depreciation expenses $26,000 Decrease in Accounts receivable $10,000 Increase in Inventory -$4,000 Increase in Accounts Payable $15,000 Decrease in accrued liability -$11,000 Net cash used by operating activities $97,000 Cash flows from investing activities Cash payment for acquisition of plant assets -$102,000 Sale of Land $20,000 Net cash used by investing activities -$82,000 Cash flows from financing activities Issuance of Common Stock $36,000 Payment of Notes Payable -$10,000 Payment of Dividends -$8,000 Net cash provided by financing activities $18,000 Net decrease in cash $33,000 Cash at Beginning of Period $3,000 Cash at End of Period $36,000 Non-cash Investing and Financing Activities Purchase of Plant Assets by signing Notes Payable $11,000 Notes payable increase against purchase of plant assets $11,000 Total Non-cash Investing and Financing Activities $22,000