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At the end of its first year of operation, Novak Corporation has $1,060,000 of common stock and net income of $212,000. Part 1 Part

At the end of its first year of operation, Novak Corporation has $1,060,000 of common stock and net income of $212,000. Part 1 Part 2 Prepare the stockholders' equity section at year-end. NOVAK CORPORATION Balance Sheet (partial)

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