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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

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: Required: 1. Prepare a summarized income statement for the year

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