Book (NOTE: Please remember to scroll all the way to the bottom to ensure you answer all parts of this question) Assume you are the president of High Power Corporation. At the end of the first year of operations (December 31), the following financial data for the company are available: Cash Accounts Receivable Supplies Equipment Accounts Payable Notes Payable Operating Expenses Sales Revenue Print Other Expenses Contributed Capital Dividends eferences $ 17,350 13,600 5,150 127,000 70,122 2,160 108,000 64,800 12,750. 61,600 1,232 Required: 1. Prepare an income statement for the year ended December 31. HIGH POWER CORPORATION Income Statement For the Year Ended December 31 Expenses Total expenses 0