Below you find a summary of Attrex performance for the last 2-3 years. Prepare a common size income statement and balance sheet and comment on the trends in profitability and leverage.

Attrex Balance Sheet Cash MS AR Interest Receivable NR Inventories Prepayments Plant Assets (net) Total Assets AP accrued OpEx liabilities interest payable income taxes payable NP short term LT Debt Capital Stock Add. Pic Retained Earnings Total Liabilities & Stockholder's Equity 12/31/21 $164,000 $300,000 $335,000 $3,200 $998,000 $375,000 $48,000 $1,875,000 $4,098,200 $458,000 $80,000 $66,000 $124,000 $270,000 $1,160,000 $100,000 $730,000 $1,110,200 $4,098,200 12/31/20 $244,000 $278,000 $275,000 $5,200 $982,000 $435,000 $42,000 $1,561,000 $3,822,200 $474,000 $88,000 $62,000 $138,000 $280,000 $1,160,000 $80,000 $570,000 $970,200 $3,822,200 Attrex Income Statement Revenue: Net sales Interest revenue Gain or loss on sales of MS Total Revenue & gains / losses Costs & Expenses: COGS OpEx (depreciation included) depreciation Interest Expense Income Tax Expense Gain or loss on sales of Fixed Assets Total Costs, Expenses, Gains & Losses Net Income 12/31/21 12/31/20 12/31/19 $3,200,000 $2,816,000 $2,703,360 $40,000 $36,000 $12,000 $34,000 $0 $60,000 $3,274,000 $2,852,000 $2,775,360 $1,620,000 $1,351,680 $1,216,512 $1,240,000 $1,210,880 $1,216,512 $150,000 $96,000 $98,000 $42,000 $52,000 $59,000 $100,000 $73,600 $85,000 $12,000 -$8,000 $0 $3,014,000 $2,680,160 $2,577,024 $260,000 $171,840 $198,336