1 09 ints Problem 3-13 Preparing Standardized Financial Statements [LO1] Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. eBook Assets Print References Current assets Cash JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable 2020 $ 10,200 Accounts receivable Inventory Total $13,200 30,200 38,640 74,600 87,120 $115,000 $138,960 Total Long-term debt Owners' equity 2020 2021 $ 46,000 $62,160 27,800 33,120 $ 73,800 $95,280 $ 40,000 $36,000 Mc Graw Hill Common stock and paid-in surplus $ 60,000 $60,000 Retained earnings 226,200 288,720 Net plant and equipment $ 285,000 $ $341,040 Total 286,200 $ 348,720 Total assets 400,000 480,000 Total liabilities and owners' equity 400,000 480,000 Prepare the 2020 and 2021 common-size balance sheets for Just Dew It. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Prev 1 of 11 Next >