Assume that you are the controller of Nuclear Company. At December 31, 2020, the end of the first year of operations, the following financial data for the company are available: $ 26,400 13,400 91,400 46,400 54,290 Cash Receivables from customers (all considered collectible) Inventory of merchandise (based on physical count and priced at cost) Equipment owned, at cost less used portion Payables to suppliers of merchandise Salary payable for 2020 (on December 31, 2020, this was owed to an employee, but the amount was not paid until January 10, 2021) Total sales revenue Expenses, including the cost of the merchandise sold (excluding income taxes) Income taxes expense (at 30% of pretax earnings); all paid during 2020 Contributed capital, 8,400 shares outstanding :22 2,700 154,000 101,700 ? 84,000 No dividends were declared or paid during 2020 Required: 1. Prepare a summarized statement of earnings for the year ended December 31, 2020. NUCLEAR COMPANY Summary Statement of Earnings For the Year Ended December 31, 2020 a 0 $ 0 2. Prepare a statement of changes in equity for the year ended December 31, 2020. NUCLEAR COMPANY Statement of Shareholders' Equity For the Year Ended December 31, 2020 Contributed capital Retained earnings 3. Prepare a statement of financial position at December 31, 2020 NUCLEAR COMPANY Statement of Financial Position As at December 31, 2020 Assets Total assets $ 0 Liabilities and Shareholders' Equity Liabilities Total liabilities Shareholders' equity $ 0 Total shareholders' equity Total liabilities and shareholders' equity 0 $ 0