P1-1 Preparing an Income Statement, Statement of Stockholders' Equity, and Balance Sheet (AP1-1) Assume that you are the president of Highlight Construction Company. At the end of the first year of operations (December 31), the following financial data for the company are available: Required: Using the financial statement exhibits in the chapter as models and showing computations: 1. Prepare a summarized income statement for the year. 2. Prepare a statement of stockholders' equity for the year. 3. Prepare a balance sheet at December 31