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Required informotion [The following information applies to the questlons displayed below.] Assume you are the president of High Power Corporation. At the end of the

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Required informotion [The following information applies to the questlons 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 availables 2. Prepare a statement of retained earnings for the year ended December 31

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