(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: 3. Prepare a balance sheet at December 31 . \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ HIGH POWER CORPORATION } \\ \hline \multicolumn{1}{|c|}{ Balance Sheet } \\ \hline Assets & December 31 \\ \hline & \\ \hline Accounts payable \\ Accounts receivable \\ Accumulated amortization \\ Accumulated depreciation \\ \hline Total liabilities & \\ \hline Shareholders' equity & \\ \hline Total liabilities and shareholders' equity \\ \hline Thareholders' equity & \\ \hline T & \\ \hline \end{tabular} 3. Prepare a balance sheet at December 31 . \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ HIGH POWER CORPORATION } \\ \hline \multicolumn{1}{|c|}{ Balance Sheet } \\ \hline Assets & December 31 \\ \hline & \\ \hline Accounts payable \\ Accounts receivable \\ Accumulated amortization \\ Accumulated depreciation & \\ \hline Shareholders' equity & \\ \hline & \\ \hline \hline \end{tabular} 3. Prepare a balance sheet at December 31 . 3 Dranara a halananahantat Naramhar 21 3. Prepare a balance sheet at December 31 . 3. Prepare a balance sheet at December 31 . 3. Prenare a balance sheet at December 31 . 3. Prepare a balance sheet at December 31 . \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ HIGH POWER CORPORATION } \\ \hline \multicolumn{1}{|c|}{ Balance Sheet } \\ \hline Assets & \multicolumn{1}{c|}{ At } \\ \hline & \\ \hline Total assets & 31 \\ \hline \end{tabular} 3. Prepare a balance sheet at December 31 . \begin{tabular}{|l|} \hline \multicolumn{1}{|c|}{ HIGH POWER CORPORATION } \\ \hline Balance Sheet \\ \hline Assets \\ \hline \end{tabular}