Additional information:

Net income was $$17,500.$ Dividends declared and paid were $$16,300.$

Equipment which cost $$10,200$ and had accumulated depretiation of $$1,000$ was sold for $$3,000.$

No noncash investing and financing activities occurred during $2025.$

Bonds were retired at their carrying value.

$($a$)$

Your answer is partially correct.

Prepare a statement of cash flows for $2025$ using the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

NOVAK CORPORATION Statement of Cash Flows $-$ Indirect Method

For the Year Ended December $31,2025\backslash$table$[[$Novak Corporation Comparative Balance Sheets December $31],[,2025,2024],[$Cash$,$$$15,700,$$$17,900],[$Accounts receivable,$25,700,22,600],[$Investments$,21,400,15,300],[$Equipment$,67,300,77,500],[$Accumulated depreciation$-$equipment,$(14,900),(10,400)],[$Total$,$$$115,200,$$$122,900],[$Accounts payable,$$14,300,$$$11,700],[$Bonds payable,$13,000,31,000],[$Common stock,$53,000,46,500],[$Retained earnings,$34,900,33,700],[$Total$,$$$115,200,$$$122,900]]$

Additional information:

Net income was $$17,500.$ Dividends declared and paid were $$16,300.$

Equipment which cost $$10,200$ and had accumulated depreciation of $$1,000$ was sold for $$3,000.$

No noncash investing and financing activities occurred during $2025.$

Bonds were retired at their carrying value.

$($a$)$

Prepare a statement of cash flows for $2025$ using the indirect method. $($Show amounts that decrease cash flow with either $-15,000$ or in parenthesis e$.$g$.(15,000).)$

NOVAK CORPORATION

Statement of Cash Flows $-$ Indirect Method

$\backslash$table$[[$Novak Corporation Comparative Balance Sheets December $31],[,2025,2024],[$Cash$,$$$15,700,$$$17,900],[$Accounts receivable,$25,700,22,600],[$Investments$,21,400,15,300],[$Equipment$,67,300,77,500],[$Accumulated depreciation$-$equipment,$(14,900),(10,400)$

Question $3$ of $11$

$\frac{2\mathrm{.}25}{3}$

Current Attempt in Progress

Use a t$-$distribution and the given matched pair sample results to complete the test of the given hypotheses. Assume the results come from random samples, and if the sample sizes are small, assume the underlying distribution of the differences is relatively normal.

Assume that differences are computed using $d=x_1-x_2.$

Test $H_0$:${}_d=0$ vs $H_a$:${}_d>0$ using the paired data in the following table:

$\backslash$table$[[$Situation $1,125,156,140,175,153,148,180,135,168,157],[$Situation $2,120,145,142,150,160,148,160,142,162,150]]$

Your answer is partially correct.

Give the test statistic and the $p-$value.

Round your answer for the test statistic to two decimal places and your answer for the $p-$value to three decimal places.

test statistic $=$