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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: Cash $ 26, 908 Accounts Receivable 13, 908 Inventory 91, 908 Equipment 46,990 Accounts Payables 50, 590 Salary payable for 2020 (on December 31, 2020, this was owed to an employee, but the anpunt was not paid until January 18, 2021) 2,950 Total sales revenue 159,000 Total Expenses (excluding income taxes) 106,290 Income taxes expense (at 30% of pretax earnings); all paid during 2020 Common shares, 6,900 shares outstanding 89, 080 No dividends were declared or paid during 2020. Required: 1. Prepare an Income statement for the year ended December 31. 2020. NUCLEAR COMPANY Income Stupment For the Year Ended December 31, 2020