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For the Year Ended December 31, 2025 Revenues Net Sales $ Dividend Revenue Gain on Sale of Plant Total Revenues Expenses Cost of Goods Sold

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed For the Year Ended December 31, 2025 Revenues Net Sales $ Dividend Revenue Gain on Sale of Plant Total Revenues Expenses Cost of Goods Sold Selling Expenses Administrative Expenses The following is the trial balance of Novak Corporation at December 31, 2025. NOVAK CORPORATION TRIAL BALANCE DECEMBER 31, 2025 A physical count of inventory on December 31 resulted in an inventory amount of $204,800; thus, cost of goods sold for 2025 is $2,064,000. (a1) Prepare a single-step income statement. 30,000 shares of common stock were outstanding the entire year. (Round earnings per share to 2 decimal places, e.g. 1.48.) Selling Expenses Administrative Expenses List of Accounts Save for Later Attempts: 0 of 1 used Submit

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