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3 The following information applies to the questions displayed below) Assume you are the president of High Power Corporation. At the end of the first

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3 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 (December 31), the following financial data for the company are available: Parta Part 3 of 7 points hecounts Payable Accounts Receivable Cash Common Stock Divideoda Equipment Notes Payable Operating Expenses Other Expenses Sales Revenge Supplies $ 34,100 12,550 15,300 61,090 2,150 99.000 2,460 60.400 8,050 106,000 7.000 eBook 3. Prepare a balance sheet at December 31 References HIGH POWER CORPORATION Balance Sheet

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