3 Homework Saved Just Dew It Corporation reports the following balance sheet information for 2020 and 2021 JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets Assets 2020 2021 Liabilities and Owners' Equity 2020 2021 Current assets Current liabilities Cash $6,560 $8,600 Accounts payable $ 51,840 $ 53,000 Accounts receivable 16,160 22,600 Notes payable 21,600 23,600 Inventory 61,280 74,600 Total $ 84,000 $ 105,800 Total $ 73,440 $ 76,600 Long-term debt $32,000 $30,000 Owners' equity Common stock and paid-in surplus $ 40,000 $ 40,000 Retained earnings 174,560 253,400 Net plant and equipment 236,008 294,208 Total $ 214,560 $ 293,400 Total assets 320,000 400,000 Total liabilities and owners' equity 320,000 400,000 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.)