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Current Attempt in Progress At December 31, 2025, Novak Corporation reported the following plant assets. During 2026, the following selected cash transactions occurred. Apr. 1
Current Attempt in Progress At December 31, 2025, Novak Corporation reported the following plant assets. During 2026, the following selected cash transactions occurred. Apr. 1 Purchased land for $2,345,200. May 1 Sold equipment that cost $639,600 when purchased on January 1, 2019. The equipment was sold for $181,220. June 1 Sold land for $1,705,600. The land cost $1,066,000. July 1 Purchased equipment for $1,172,600. Dec. 31 Retired equipment that cost $746,200 when purchased on December 31,2016 . No salvage value was received. Prepare the plant assets section of Novak's balance sheet at December 31, 2026. (List Plant Assets in order of Land, Building, and
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