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Required information [The following information applies to the questions displayed below] Assume that you are the president of Highlight Construction Company. At the end of

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Required information [The following information applies to the questions displayed below] 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: HIGHLIGHI CONSIRUC IIUN COMPANY Balance Sheet \begin{tabular}{|l|l|l|} \hline & & \\ \hline \end{tabular}

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