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1. Prepare a summarized income statement for the year 2014. HIGHLIGHT CONSTRUCTION COMPANY Income Statement For the Year Ended December 31, 2014 Total sales revenue

1. Prepare a summarized income statement for the year 2014. HIGHLIGHT CONSTRUCTION COMPANY Income Statement For the Year Ended December 31, 2014 Total sales revenue $128,400 Total sales revenue 80,200 Inventory of merchandise 2. Prepare a statement of stockholders' equity for the year 2014 HIGHLIGHT CONSTRUCTION COMPANY Statement of Stockholders Equity For the Year Ended December 31, 2014 Common Stock Retained Earnings Balance December 31, 2013 Common stock Balance December 31, 2014

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