\begin{tabular}{|c|c|} \hline Patterson Printing Company & \\ \hline \multicolumn{2}{|l|}{ Balance Sheet, December 31, 2016} \\ \hline Cash and marketable securities & $500 \\ \hline Accounts receivable & 6,000 \\ \hline Inventory & 9,500 \\ \hline Total current assets & $16,000 \\ \hline Net property, plant, and equipment & 17,000 \\ \hline \multirow{2}{*}{TotalassetsAccountspayable} & $33,000 \\ \hline & $7,200 \\ \hline \multirow{2}{*}{Short-termdebtTotalcurrentliabilities} & 6,800 \\ \hline & $14,000 \\ \hline Long-term liabilities & 7,000 \\ \hline Total liabilities & $21,000 \\ \hline Total common stockholders' equity & 12,000 \\ \hline \multirow{2}{*}{Totalliabilitiesandstockholdersequitytheiconinardertocopyitscontents} & $33,000 \\ \hline & \\ \hline \multicolumn{2}{|l|}{ Patterson Printing Company } \\ \hline \multicolumn{2}{|c|}{ Income Statement for the Year Ended December 31, 2016} \\ \hline Revenues & $30,000 \\ \hline Cost of goods sold & (20,000) \\ \hline Gross profit & $10,000 \\ \hline \end{tabular} Preparing common-size financial statements) As the newest hice to the financial analysis grovp at Patterson Printing Company, you have beon asked to perform a basis financial analysis of the company's most rocent finsncial statements. The 2016 balance shoet and income stasoment for the Paterson are shown here: a. Aber dincussing your training asignment with a folow analyst watio was hined last year, you loam that the first step in your complesing the assignment is to prepare a common size balance sheet for Patterson. b. The socond step is to prepare a common-sise income stasemert for the fm. a. After discussing your training as onmeet with o folow anapst who was hived last year, you lesen that the first step in your completing the assignment is to prepare a common size baiance aheet for Paflerson Complete the common oize balarce sheot below: (Rourd to one decimal place) Net property, plant, and equipment Total assets Accounts payable Short-term debt Total current liabilities Long-term liabilities Total liabilities Total common stockholders' equity Total liabilities and stockholders' equity 17,000$33,000$7,200 6,800$14,000 7,000 12,000$33,000 (Click on the icon in order to copy its contents into a spreadsheet.) Patterson Printing Company Income Statement for the Year Ended December 31, 2016 Revenues Cost of goods sold Gross profit Operating expenses Net operating income Interest expense Earnings before taxes Income taxes Net income $30,000(20,000)$10,000 (900) $1,100 (900)$1.100 (400)5700 (Click on the icon in order to copy its contents inta a spresds