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The following items and amounts were taken from Novak Corp's 2022 income statement and balance sheet, the end of its first year of operations.
The following items and amounts were taken from Novak Corp's 2022 income statement and balance sheet, the end of its first year of operations. Interest expense $2,772 Interest payable 882 Notes payable 14,868 Sales revenue 55,818 Cash 3,654 Salaries and wages expense 19,656 Equipment, net 68,922 Depreciation expense 4,032 Supplies 5,166 Common stock 33,768 Supplies expense 1,134 Prepare an income statement for Novak Corp. for December 31, 2022. Novak Corp. Income Statement +A +A $
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