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16 Part 2 of 7 0.47 points Required Information [The following information applies to the questions displayed below) Assume you are the president of Nuclear

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16 Part 2 of 7 0.47 points Required Information [The following information applies to the questions displayed below) Assume you are the president of Nuclear Company. At the end of the first year of operations (December 31), the following financial data for the company are available: Mecounts Payable 0 30,000 Accounts Receivable 59,500 Cash 12,000 Common Stock 62,200 Dividende 200 Equipment 36,000 Notes Sayable 1.470 Operating Expenses 57.200 Other txpenses Sales Revenge 8.850 80,000 supplies 1.000 BOOK 2. Prepare a statement of retained earnings for the year ended December 31 Dentes TIP. Because this is the first year of operations, the beginning balance Retained Earnings will be zero NUCLEAR COMPANY Statement of Retained Earnings Retired Earrings, January 1 Retired Earrings December 31

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