2. The balance sheet and income statement for come statement for Carver Enterprises Inc, are as follows: Carver Enterprises Inc. Balance Sheet for December 31, 2019 2019 500 6,000 9,500 16.000 17,000 33.000 Assets Cash and marketable securities Account receivables Inventory Total current assets Net plant and equipment Total assets Liabilities and owners' equity Account payable sort term debt Total current liabilities Long-term liabilities Total liabilities Total owners' equity Total liabilities and owners' equity 7,200 6,800 14,000 7,000 21,000 12.000 33.000 Carver Enterprises Inc. Income Statement for December 31, 2019 30,000 (20.000) 10,000 Revenues Cost of goods sold Gross profit Operating expenses Net operating income Interest expenses Eamings before taxes Taxes Net income (8000) 2,000 (900) 1,100 (400) 700 a. Prepare a common-size income statement for Carver Enterprises. b. Write up your assessment of the firms' financial condition