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17 Required information [The following information applies to the questions displayed below.) Assume you are the president of Nuclear Company, At the end of the

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17 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: Book Accounts Payable Accounts Receivable Cash Connon Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies $30,000 59,500 12,000 62,280 200 36,000 1.470 57,200 8,850 18,000 8,000 Print Required: 1. Prepare an income statement for the year ended December 31. TIP: Begin by classifying each account as asset, liability, stockholders' equity, revenue, or expense. Each account is reported on only one financial statement NUCLEAR COMPANY Income Statement For the Year Ended December 31 Revenues Sales Revenue Other Expenses 0 Total Expenses Net Income 0

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