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, and its $2023$ and $2022$ balance sheets and income statements follow.

$\backslash$table$[[\backslash$table$[[$Alberta Playground Inc.$],[$Balance Sheet $($$$000)$

Alberta Playground Inc.

Income Statement $($$$000)$

Years Ended March $31$

$20232022$

Revenues $ $6,065,470$ $ $5,850,582$

Cost of sales, selling and administrative expenses $5,243,3305,126,511$

Depreciation and amortization expense $105,832114,506$

Operating profit $716,308609,565$

Interest on long$-$term debt $23,33130,021$

Other expenses $14,6635,561$

Earnings before income taxes $678,314573,983$

Income taxes $198,715162,789$

Profit $ $479,599$ $ $411,194$

Assume the common shares represent $204,230($thousand$)$ shares issued and outstanding for the entire year ended March $31,2023.$

Required:

$1.$ Prepare a common$-$size balance sheet and income statement on a comparative basis for $2023$ and $2022.($Round the final percentage answers to $2$ decimaALBERTA PLAYGROUND INC.

Common$-$Size Comparative Balance Sheet

As at March $31,2023$ and March $31,2022$

$2023$

$(\%)2022$

$(\%)$

Assets

Current assets

Cash and cash equivalents $141\mathrm{.}06$

Receivables

Inventories

Prepaid expenses and other assets

Non$-$strategic investment

Other current assets

Total current assets

Portfolio investment

Property, plant and 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

Total current liabilities

Non$-$current liabilities

Long$-$term debt

Other liabilities

Total liabilities

Equity

Common shares

Retained earnings

Total equity

Total liabilities and equity