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BOOST PLUS, INC. Income Statement Year Ended September 30,...

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BOOST PLUS, INC. Income Statement Year Ended September 30, 2018 231,000 94,000 137,000 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses 5 54,000 27,000 Salarles Expense Depredlation Experse -Plant Assets Total Operating Expenses 51,000 56,000 3000 s 53,000 Net Imcome Before Income Taxes ncome Tax Expense Net Income Additional data follow a. Acqaistine of plant ases is $12400n, Of this amsount, $108,00 is paid in cash and S16,000 by signing a note paysble. b. Cash recipt from sale of land tortals $20,000. There was no gain or loss e. Cash soeipes from issuance of common stodk total $36,000. d. Payment of notes payable is $15,000 e. Payment of dividends ia $500. f. From the balance shect September 30 2018 2017 39,000 13,000 51,000 88,000 Accounts Recelvabla Merchandse Inventory Land Plant Assets Accurmulated Depreciation Accounts Payable Accrued Liabilities tlotes Payable (long-term) Common Stock, no par 46,000 94,000 82000102,000 214,000 61,000)34,000) 90,000 32.000 12,000 16,000 40,000 15,000 20,000 15,000 Retained tarmings 314000 24.c00 205,000 Prepae Booet Plus's stucurment of cash foass for the year ended Seprember 30, 2018, sing the indleect anvcthod. Inclride a seputate secrtion fne oa cash

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