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 $30,000 Payable Accounts 59,500 Receivable Cash 12,000 Common Stock 62,280 Dividends 200 Equipment 36,000 Notes Payable 1,470 Operating 57,200 Expenses Other Expenses 8,850 Sales Revenue 88,000 Supplies 8,000 3. Prepare a balance sheet at December 31. TIP: The balance sheet includes the ending balance from the statement of retained earnings. X Answer is not complete. NUCLEAR COMPANY Balance Sheet At December 31 Assets Cash $ 12,000 Accounts Receivable 59,500 Equipment 36,000 Supplies 8,000 115,500 Liabilities Accounts Payable Notes Payable $ 30,000 1,470 31,470 Total Liabilities Stockholders' Equity Common Stock Retained Earnings 62,280 21,750 84,030 Total Stockholders' Equity Total Liabilities and Stockholders' Equity 115,500