Current Attempt in Progress You are provided with the following information for Novak Enterprises, effective as of its April 30, 2022 year-end. $894 960 670 1,420 1,350 1,120 275 Accounts payable Accounts receivable Accumulated depreciation equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Income tax expense Income taxes payable Insurance expense Interest expense Inventory Land Mortgage payable Notes payable (due March 31, 2023) Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) 385 2,570 225 195 270 460 1,117 3,250 3,650 211 120 1,600 640 282 5,250 1,290 (a 1) Your Answer Correct Answer Prepare an income statement for Novak Enterprises for the year ended April 30, 2022. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e-g- (45).) NOVAK ENTERPRISES Income Statement + $ Solution Save for Later Attempts: 0 of 1 used Submit