In its income statement for the year ended December 31, 2020, Novak Company reported the following condensed data.

Operating expenses		$731,780		Interest revenue		$30,980
Cost of goods sold		1,303,500		Loss on disposal of plant assets		18,110
Interest expense		74,730		Net sales		2,413,600
				Other comprehensive loss		8,200

Prepare a single-step income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

NOVAK COMPANY Income Statement December 31, 2020For the Month Ended December 31, 2020For the Year Ended December 31, 2020
DrawingsExpensesNet Income / (Loss)Owner's Capital, January 1, 2020Owner's Capital, December 31, 2020RevenuesTotal ExpensesTotal RevenuesNet SalesIncome from OperationsOther Revenues and GainsOther Expenses and Losses
Net Income / (Loss)Net SalesOwner's Capital, January 1, 2020Owner's Capital, December 31, 2020Total ExpensesTotal RevenuesGross ProfitIncome from OperationsOther Revenues and GainsOther Expenses and LossesDrawingsExpenses		$
Net Sales Income from Operations Other Revenues and Gains Other Expenses and Losses Drawings Net Income / (Loss) Total Revenues Owner's Capital, December 31, 2020 Expenses Revenues Owner's Capital, January 1, 2020 Total Expenses
DrawingsExpensesNet Income / (Loss)Owner's Capital, January 1, 2020Owner's Capital, December 31, 2020RevenuesTotal ExpensesTotal RevenuesNet SalesIncome from OperationsOther Revenues and GainsOther Expenses and Losses
	$
Drawings Expenses Net Income / (Loss) Owner's Capital, January 1, 2020 Owner's Capital, December 31, 2020 Revenues Total Expenses Total Revenues Net Sales Income from Operations Other Revenues and Gains Other Expenses and Losses
Owner's Capital, December 31, 2020DrawingsTotal RevenuesOther Revenues and GainsOther Expenses and LossesGross ProfitNet Income / (Loss)Total ExpensesExpensesOwner's Capital, January 1, 2020Net SalesComprehensive Income / (Loss)Income from OperationsOther Comprehensive Loss		$