2020 2020 2021 Assets Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities $ 11,970 Accounts payable 26,670 Notes payable 51,450 $ 11,025 22,225 44,625 $ 43,750 $ 47,250 24,325 24,780 Total $ 77,875 $ 90,090 Total $ 68,075 $ 72,030 Long-term debt $ 35,000 $ 21,000 Owners' equity Common stock and paid-in surplus $ 42,000 $ 42,000 Retained earnings 204,925 284,970 Net plant and equipment $ 272,125 $ 329,910 Total $ $ 246,925 326,970 Total assets $ $ 350,000 420,000 Total liabilities and owners' equity $ $ 350,000 420,000 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.) 2020 % 2021 % Assets Current assets Cash $ % $ 11,970 % 11,025 22.225 26,670 % Accounts receivable Inventory Total % % 44,625 51,450 % $ 77,875 % $ 90,090 % $ % $ % 272,125 350,000 329,910 420,000 $ % $ % $ 43,750 $ 47,250 % % % % Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity 24,325 68,075 24,780 72,030 $ % $ % $ 35,000 % $ 21,000 % $ % $ 42,000 % % 42,000 204.925 246,925 350,000 % % $ $ 284,970 326,970 420,000 % $ % $ %