Alberta Playground Inc. produces, markets, distributes, and installs durable playground equipment. It is a new, growing playground distributor in Canada, and is hoping to expand to other provinces shortly. Its head office is in Edmonton, Alberta, and its 2020 and 2019 balance sheets and income statements follow Alberta Playground Inc. Balance Sheet (5000) Years Ended March 31 2020 2019 Assets Current assets Cash and cash equivalents Receivables Inventories Prepaid expenses and other assets Non-strategic investment Other current assets Total current assets Portfolio investment Property, Plant, & Equipment Goodwill Trademarks and other intangibles Other assets Total assets Liabilities Current liabilities Bank loans Accounts payable and accrued liabilities Income taxes payable Current portion of long term debt $ 79,291 $ 56,619 462,607 368,869 666,694 571,254 51,480 30,034 28, 103 360 33,463 28,782 $1,321,638 $1,055,918 @ 41, 343 1,899,150 1,119,756 855,30 723,895 344,438 322,013 140,893 96,366 $3,761,149 $3,350,291 $ 172,389 $ 576,479 208,438 28,559 63,372 473, 806 151,177 8,999 O Assume the common shares represent 205,630 (thousand) shares issued and outstanding for the entire year ended March 31, 2020 Required: 1. Prepare a common size balance sheet and income statement on a comparative basis for 2019 and 2020. (Round the final percentage answers to 2 decimal places. Negative answers should be indicated by a minus sign.) 2019 (%) ALBERTA PLAYGROUND INC. Common Size Comparative Balance Sheet As at March 31, 2020 and March 31, 2019 2020 (%) Assets Current assets Cash and cash equivalents Receivables Inventories Prepaid expenses and other assets Non-strategic investment Other current assets Total current assets Portfolio investment Property, plant and equipment O On 2019 ALBERTA PLAYGROUND IN Common Size Comparative Income Statement Years ended March 31, 2020 and March 31, 2019 2020 (%) Revenues Cost of sales and selling, general and administrative Depreciation and amortization expense Operating profit Interest on long-term debt Other expenses Profit before income taxes Income taxes Profit ch o