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Required Information (The following information applies to the questions displayed below) Assume you are the president of Nuclear Company. At the end of the first

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Required Information (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 Accounts Receivable Cash Connon Stock Dividends Equipoent Notes Payable Operating Expenses other Expenses Sales Revenue Supplies 549,000 62,35e 21,500 61,280 390 34.000 1,660 79. 11,00 8.900 Required: 1. Prepare an income statement for the year ended December 31 TIP Begin by classifying each account as asset, itability, stockholders' equity, revenue, or expense. Each account is reported on only one financial statement NUCLEAR COMPANY Inoonte Statement Next

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