Nowak lnc$,$ a gresting card compary, had the fallowing statements preparsd as of December $31,2020.$

NOVAKINC.

NCOMESTATEMENT

FOR THE YEARENDINGDECEMBER $31,2020$

Additional information:

$1$ Dividends in the amount of $$5,900$ ware declared and paid during $2020.$

Depraciation expense and amortization expense are includad in operating expenses.

No unrealized zains or losses have occurred on the imvestments during the year.

Equipment that had a cost of $$20,100$ and was $70\%$ depraciated was sold during $2020.$