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Required information Preparing an Income Statement, Statement of Retained Earnings, and Balance Sheet and Interpreting the Financial Statements [LO 1-2, LO 1-3) The following information

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Required information Preparing an Income Statement, Statement of Retained Earnings, and Balance Sheet and Interpreting the Financial Statements [LO 1-2, LO 1-3) The following information applies to the questions displayed below.) Assume you are the president of Nuclear Company. At the end of the first year of operations (December 31), the following financial data for the company are available: Accounts Payable $ 47,000 Accounts Receivable 62,950 Cash 20, 500 Common Stock 60, 780 Dividends 370 Equipment 32,800 Notes Payable 1,640 Operating Expenses 76,000 Other Expenses 9,700 Sales Revenue 99,800 Supplies 8,600 CP1-2 (Algo) Part 4 4-a. By how much did cash increase (decrease)? 4-6. Which financial statement would report the business activities responsible for this change in cash? Complete this question hy entering vour answers in the tabs below.

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