Required information The following information applies to the questions displayed below.) 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 $34,109 12,55e 15,300 61,ege 2,15e 99,000 2,650 60,400 8.850 106,800 7,000 3. Prepare a balance sheet at December 31. HIGH POWER CORPORATION Balance Sheet $