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In its income statement for the year ended december 31,2020 Novak company reported the following condensed data In its income statement for the year ended

In its income statement for the year ended december 31,2020 Novak company reported the following condensed data
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In its income statement for the year ended December 31, 2020, Novak Company reported the following condensed data. $731,780 Operating expenses Cost of goods sold Interest expense $30,980 18.110 1,303,500 Interest revenue Loss on disposal of plant assets Net sales Other comprehensive loss 74,730 2,413,600 8,200 Prepare a multiple-step income statement. (List other revenues before other expenses. Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses eg. (45)) NOVAK COMPANY Income Statement For the Year Ended December 31, 2020 2.413.600 1.303,500 1.110.100 731,780 378,320 30.980 74.730 18110 1 61860 i 316460 In its income statement for the year ended December 31, 2020, Novak Company reported the following condensed data. $731,780 Operating expenses Cost of goods sold Interest expense $30,980 18.110 1,303,500 Interest revenue Loss on disposal of plant assets Net sales Other comprehensive loss 74,730 2,413,600 8,200

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