Question: can you do this one please (NOTE: Please remember to scroll all the way to the bottom to ensure you answer all parts of this

can you do this one please

this question) Assume you are the president of High. Power Corporation. At

(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 financiar data for the company are available: Required: 1. Prepare an income statement for the year ended December 31. 2. Prepare a statement of retained earnings for the year ended December 31 . 3. Prepare a balance sheet at December 31

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