Question: Exercise 12-5 Google Chrome ii https. Exercise 12-5 The following information is available for Novak Corp. for Line year ended December 31, 2017. Begi h


Exercise 12-5 Google Chrome ii https. Exercise 12-5 The following information is available for Novak Corp. for Line year ended December 31, 2017. Begi h bala 47,880 Accounts pay decrease 3,937 Depreciation expense 172,368 Accounts receivable increasc 8,725 Inrventory increase 11,70 Net income 302,282 Cash received for sale of land at book value 3/ 240 Cash dividends paid 768 payable 5,00 Cash used to purchase building 307,196 Cash used hase treasury stock 27,664 to p Cash nereived from issuing bonds 212,800 hod. (St ts th Novak Corp. Statement of Cash Hows-Indirect Method Adjustments to reconcile net income to a Ask me any e with eittuera-sign e g. -15.000 INTreenth g. (15.000).) 43 PM 1/30/2016
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