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Required 1 Required 2 Solve for the missing amounts. (Loss amounts should be indicated with a minus sign.) Common Stock Dividends Net Income (Loss) Retained

Required 1 Required 2 Solve for the missing amounts. (Loss amounts should be indicated with a minus sign.) Common Stock Dividends Net Income (Loss) Retained Earnings, Beginning of Year Retained Earnings. End of Year Total Assets Total Expenses Total Liabilities Total Revenues Mitchell Company, Incorporated $ 2,380 160 3,693 15.421 7,150 4,766 Required 1 Required 2 > 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 $ 33,200 11,200 14,400 60, 190 2,060 90,000 1,830 59,500 7,960 96,000 6,100 PA1-1 (Algo) Part 3 3. Prepare a balance sheet at December 31. HIGH POWER CORPORATION Balance Sheet For the Year Ended December 31

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