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6. December 31, 2025. NOVAK INC. STATEMENT OF CASH FLOWS ( $ ) ( $ ) Additional information: 1. Dividends in the amount of (
6.
December 31, 2025. NOVAK INC. STATEMENT OF CASH FLOWS \\( \\$ \\) \\( \\$ \\) Additional information: 1. Dividends in the amount of \\( \\$ 6,100 \\) were declared and paid during 2025 . 2. Depreciation expense and amortization expense are included in operating expenses. 3. No unrealized gains or losses have occurred on the investments during the year. 4. Equipment that had a cost of \\( \\$ 20,100 \\) and was \70 depreciated was sold during 2025 . Prepare a statement of cash flows using the direct method. (Do not prepare a reconciliation schedule.) (Show amounts in the investing and financing sections that decrease cash flow with either a - sign e.g. \\( -15,000 \\) or in parenthesis e.g. \\( (15,000) \\)Step by Step Solution
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