5 Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. s JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets 2017 eBook 2018 2018 Liabilities and Owners' Equity 2017 Current liabilities Accounts payable $ 48,000 Notes payable 10,350 $ 4,350 Current assets Cash Accounts receivable Inventory $ 49,800 Print 11,550 58,350 $ 9,800 14,200 75,800 18,600 References Total $ 74,250 $ 99,800 Total $ 58,350 $ 68,400 Long-term debt $ 42,000 $ 34,000 Owners' equity Common stock and paid-in surplus Retained earnings $ 45,000 $ 45,000 252,600 154,650 Net plant and equipment $225,750 $300,200 Total $ 199,650 $ 297,600 Total assets $300,000 $400,000 Total liabilities and owners' equity $300,000 $400,000 Prepare the 2017 and 2018 common-size balance sheets for Just Dew It. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 2017 % Assets 2018 % M Graw Hill Kd Pro Prepare the 2017 and 2018 common-size balance sheets for Just Dew it. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 2017 % 2018 % Assets Current assets $ % 9,800 % Cash Accounts receivable Inventory Total 4,350 11,550 58,350 % % % 14,200 75,800 99,800 % $ 74,250 % % es $ % 225,750 300,000 % $ 300,200 400,000 % % $ 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 Accumulated retained earnings Total % % % 48,000 10,350 58,350 42,000 % GAGA 49,800 18,600 68,400 34,000 % % % % $ % 45,000 154 650 199,650 300,000 % % % 45,000 252,600 297,600 400,000 % $ Total liabilities and owners' equity $ % % % w 8