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

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Required intormation [The following information applies to the questions 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 available: 2. Prepare a statement of retalned earnings for the year ended December 31

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