Big Rock Candy Mountain Mining Co. Income Statements For the Years 2019 and 2020 2020 2019 Sales $412.500 $398,600 Cost of Goods 318,786 315,300 Gross Profit 93,714 83,300 Depreciation 29,800 29,652 Selling & Admin. Expense 26,250 24.550 Other Operating Expense 1.210 1.245 Net Operating Income 36,454 27,853 Interest Expense 8,582 8.457 Earnings Before Taxes 27.872 19,396 Taxes 6.968 4.849 Net Income 20.904 14.547 Notes: Tax Rate 25.00% 25.00% Shares 52.100 52.100 Eamings per Share $0.40 $0.28 2019 Big Rock Candy Mountain Mining Co. Balance Sheet For the Year Ended December 31, 2020 2020 Assets Cash $16,435 Marketable Securities 3,656 Accounts Receivable 45.896 Inventory 52.397 Total Current Assets 118,384 Gross Fixed Assets 436,573 Accumulated Depreciation 87.450 Net Plant & Equipment 349.123 Total Assets 467,507 Liabilities & Owner's Equity $11,596 619 47,404 54,599 114,218 397,023 57,650 339,373 453,591 2. Using the data from the previous problem: a Create a common-size income statement for 2019 and 2020. This statement should be created on a separate worksheet with all formulas linked directly to the income statement b. Create a common-size balance sheet for 2019 and 2020. This statement should be created on a separate worksheet with all formulas linked directly to the balance sheet. c. Create a common-size statement of cash flows for 2020 that can be switched between using sales and the 2019 cash balance in the denominator