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The following is the trial balance of Novak Corporation at December 31, 2025. NOVAK CORPORATION TRIAL BALANCE DECEMBER 31, 2025 A physical count of inventory

image text in transcribedimage text in transcribedimage text in transcribed The following is the trial balance of Novak Corporation at December 31, 2025. NOVAK CORPORATION TRIAL BALANCE DECEMBER 31, 2025 A physical count of inventory on December 31 resulted in an inventory amount of $204,800; thus, cost of goods sold for 2025 is $2,064,000. For the Year Ended December 31, 2025 Revenues Net Sales $3417600 Gain on Disposal of Land 96000 Rent Revenue Total Revenues $ Expenses Selling Expenses Administrative Expenses Supplies Expenses Total Expenses Income before Income Tax Income Tax Expense Net Income / (Loss) Earnings Per Share $82.24 The following is the trial balance of Novak Corporation at December 31, 2025. NOVAK CORPORATION TRIAL BALANCE DECEMBER 31, 2025 A physical count of inventory on December 31 resulted in an inventory amount of $204,800; thus, cost of goods sold for 2025 is $2,064,000. For the Year Ended December 31, 2025 Revenues Net Sales $3417600 Gain on Disposal of Land 96000 Rent Revenue Total Revenues $ Expenses Selling Expenses Administrative Expenses Supplies Expenses Total Expenses Income before Income Tax Income Tax Expense Net Income / (Loss) Earnings Per Share $82.24

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