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B D E F Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Use this information to prepare the 2020

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B D E F Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Use this information to prepare the 2020 and 2 2021 common-size balance sheets. 3 4 Input area: 5 6 2020 2021 2020 2021 7 Current Assets Current liabilities 8 Cash $14,588 $17.631 Accounts payable $55,653 $63,073 9 Accounts receivable 35,258 41,019 Notes payable 21,895 25,324 10 Inventory 65,567 71,505 Total $77,548 $88,397 11 Total $115,413 $130,155 12 Long-term debt $58,000 $62,000 13 Owners' equity Common stock and 14 paid-in surplus $60,000 $60,000 15 Retained earnings 397,278 418,179 16 Net plant and equipment $477,413 $498,421 Total $457.278 $478,179 Total liabilities and 17 Total assets $592.826 5628,576 owners' equity $592,826 $628.576 18 19 (Use cells A6 to F17 from the given information to complete this question.) in Common size 2020 Common-base year Common size 2020 Common-base year 2021 2021 20 21 Output area: 22 23 24 25 Current assets 25 Cash 27 Accounts receivable 28 Inventory 29 Total 30 31 Current liabilities Accounts payable Notes payable Hotel 32 33 34 Net plant and equipment Long-term debt Owners' equity Common stock and paid in surplus Retained earnings Total Total liabilities and owners' equity 35 Total assets 36 23

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