Problem 2-3B (Part Level Submission) You are provided with the following information for Novak Corp., effective as of its April 30, 2014, year-end Accounts payable Accounts receivable Accumulated depreciation-equipment Depreciation expense Cash Common stock Equipment Sales revenue Income tax expense Income taxes payable Interest expense Interest payable Notes payable (due in 2018) Prepaid rent Rent expense Retained earnings, beginning Salaries and wages expense $3,145 10,250 6,600 3,155 21,055 20,300 2,845 24,350 20,495 745 345 395 220 4,800 425 760 13,960 5,940 Problem 2-3B (Part Level Submission) You are provided with the following information for Novak Corp., effective as of its April 30, 2014, year-end Accounts payable Accounts receivable Accumulated depreciation-equipment Depreciation expense Cash Common stock Equipment Sales revenue Income tax expense Income taxes payable Interest expense Interest payable Notes payable (due in 2018) Prepaid rent Rent expense Retained earnings, beginning Salaries and wages expense $3,145 10,250 6,600 3,155 21,055 20,300 2,845 24,350 20,495 745 345 395 220 4,800 425 760 13,960 5,940