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: Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Notes Payable Operating Expenses Other Expenses Sales Revenue Supplies 3. Prepare a balance sheet at December 31. HIGH POWER CORPORATION Balance Sheet $ 33,500 11,650 14,700 60,490 2,090 93,000 2,040 59,800 7,990 99,600 6,400