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The income statement of Novak Company is presented here. Novak Company Income Statement For the Year Ended November 30, 2025 Sales revenue $7,668,300 Cost of goods sold \begin{tabular}{lr} Beginning inventory & $1,904,300 \\ Purchases & 4,482,600 \\ \cline { 2 - 2 } Goods available for sale & 6,386,900 \\ Ending inventory & 1,584,800 \\ \hline \end{tabular} Total cost of goods sold 4,802,100 Gross profit 2,866,200 Operating expenses Selling expenses 450,100 Administrative expenses 713,000 1,163,100$1,703,100 Net income Additional information: Additional information: 1. Accounts receivable decreased $375,000 during the year, and inventory decreased $319,500. 2. Prepaid expenses increased $147,000 during the year. 3. Accounts payable to suppliers of inventory decreased $343,500 during the year. 4. Accrued expenses payable decreased $100,700 during the year. 5. Administrative expenses include depreciation expense of $108,000. Prepare the operating activities section of the statement of cash flows for the year ended November 30, 2025, for Novak Company, using the indirect method. (Show amounts that decrease cash flow with either a - sign e.s. -15,000 or in parenthesis e.s. (15,000). NOVAK COMPANY Statement of Cash Flows (Partial) - Indirect Method $ Adjustments to reconcile net income to $

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