Exercise 23-16 The balance sheet data of Novak Company at the end of 2020 and 2019 are shown below. Cash Accounts receivable (net) Inventory Prepaid expenses Equipment Accumulated depreciation equipment Land 2020 $30,300 55,500 64,700 15,000 90,300 (18,060 ) 70,100 $307,840 2019 $34,900 45,200 44,800 24,700 75,000 (7,900) 40,000 $256,700 Accounts payable Accrued expenses Notes payable-bank, long-term Bonds payable Common stock, $10 par Retained earnings $65,200 15,200 -0- 30,200 190,100 7,140 $307,840 $52,000 18,100 23,100 -0- 160,000 3,500 $256,700 Land was acquired for $30,100 in exchange for common stock, par $30,100, during the year; all equipment purchased was for cash. Equipment costing $12,800 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $9,900 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - sign e.g. -12,000 or in parenthesis e.g. (12,000).) (a) Net Cash by operating activities. $ (b) Net Cash by investing activities. $ (c) Net Cash by financing activities. $ Click if you would like to Show Work for this question: Open Show Work