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Comparative balance sheets for Novak Company are as follows Additional information 1. Netincome for 2025 was $139,000 2. Cash dividends of $72,000 were declared and
Comparative balance sheets for Novak Company are as follows Additional information 1. Netincome for 2025 was $139,000 2. Cash dividends of $72,000 were declared and paid 3. Bonds payable with a carrying galue of $45,000 were redeemed for $45,000 cash. 4. Commonstock was issued at par for $52,000 cash. 5. Depreciation expense was $22,900 6. Sales revenue for the year was $970,000. 7. Land was sold at cost, and equipment was purchased for cash Stenent of Casilow fitrits Operatine acthiniet. Imerilne actyinim Finurialnr activitien Toles Tiotals eTentocikand Meds Ashistance Ured n Toubcok Worksheet-Statement of Cash Flows $ 5 5 Total Total 5 5 5 5 5 5
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