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Current Attempt in Progress Novak inc. had the following balance sheet at December 31, 2024. During 2025, the following occurred. 1. Novak liquidated its available-for-sale

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Current Attempt in Progress Novak inc. had the following balance sheet at December 31, 2024. During 2025, the following occurred. 1. Novak liquidated its available-for-sale debt investment portfolio at a loss of $10.930. 2. A tract of land was purchased for $43.930. 3. An additional $30,000 in common stock was issued at par. 4. Dividends totaling $15,930 were declared and paid to stockholders. 5. Netincome for 2025 was $40,930, including $17,930 in depreciation expense. 6. Land was purchased through the issuance of $35,930 in additional bonds. 7. At December 31, 2025, Cash was $76,130, Accounts Receivable was $47,930, and Accounts Payable was $45,930. (a) Your answer is partially correct Prepare a statement of cash flows for the year 2025 for Novak. (Show amounts that decrease cash flow with either a - sign es. 15,000 or in parenthesis eg (15,000) is now in tye: Matrmeat af Gash Blews 125 Her lucoper Mhatmons in fopinsie not incirty. Cimediatim I igentit s Lion insile of whrie meten

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