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Novak Corporation Comparative Balance Sheets December 3 1 Additional information: Net income was $ 2 2 , 8 0 0 . Dividends declared and paid

Novak Corporation

Comparative Balance Sheets

December

31

Additional information:

Net income was $

22, 800 .

Dividends declared and paid were $

19, 500 .

No noncash investing and financing activities occurred during

2025 .

The land was sold for cash of $

4, 000 .

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