Question: I need to prepare an income statement for the year ending December 31 [The following information applies to the questions displayed below.) Assume you are
I need to prepare an income statement for the year ending December 31

[The following information applies to the questions displayed below.) Assume you are the president of High Power Corporation. At the end of the first year of operations (De following financial data for the company are available: of 7 oped Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies $32,100 9,550 13,300 59,090 1,950 86,000 1,160 58,700 7,850 90,000 5,000 ook Print Terences Required: Skipped HIGH POWER CORPORATION Income Statement eBook Print References 0
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