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Kieso, Intermediate Accounting, 16c Help I System Announcements PRINTER VERSION BACK NEXT Question 16 Each of the following items must be considered in preparing a statement of cash flows for Novak Inc. for the year ended December 31, 2017. State where each item is to be shown in the statement, if at all Plant assets that had cost $19,500 7.5 years before and were being depreciated on a straight-line basis over 10 years with no estimated scrap value were sold for $4,500 Novak Inc. Statement of Cash Flows Net Income Adjustments to reconcile net ne to During the year, 10,800 shares or common stock with a stated value of $20 a share were issued for $43 a share. Novak Inc. Statement of Cash Flows Kieso, Intermediate Accounting, 16c Help I System Announcements PRINTER VERSION BACK NEXT Question 16 Each of the following items must be considered in preparing a statement of cash flows for Novak Inc. for the year ended December 31, 2017. State where each item is to be shown in the statement, if at all Plant assets that had cost $19,500 7.5 years before and were being depreciated on a straight-line basis over 10 years with no estimated scrap value were sold for $4,500 Novak Inc. Statement of Cash Flows Net Income Adjustments to reconcile net ne to During the year, 10,800 shares or common stock with a stated value of $20 a share were issued for $43 a share. Novak Inc. Statement of Cash Flows