From the following comparative balance sheet of Howe Co., prepare a common-size comparative balance sheet. (Round all percentages to the nearest tenth of apercent.)

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December 2013 $120,000 480,000 $600,000 S120,000 2012 S150,000 350,000 S500,000 50,000 120,000 200,000 130,000 $500,000 Current Assets Plant and Equipment Total Assets Current Liabilities Long-Term Liabilities Common Stock Retained Earnings 60,000 240,000 180,000 $600,000 Total Liabilities and Stockholders Equity