Carl Industries Carl Industries has condensed balance sheets as shown: .?..????? 2011 2010 2009 Assets: Current assets Plant & equipment, net Intangible assets, net Total assets 65,000 600,000 15,000 $46,500 420,000 36,500 80,000$503,000 80,000 410,000 50,000 540,000 Liabilities & Stockholders' Equity: Current liabilities Long-term liabilities Stockholders' equity Total liabilities & equity 25,000 290,000 188,000 $680,000 $503,000 $70,000 420,000 190,000 33,500 400,000 106,500 540,000 Refer to the information for Carl Industries. In a common size balance sheet for 2010, total liabilities and equity is expressed as o 35.7% O 100% o 84.9% o 36.9%