CC destroyed its records in an attempted fraud. The company's records show income statement for the year ended December 31, 2021, reported interest expense of \$2 million and income tax expense of $12 million. Current assets listed in its balance sheet include cash, accounts receivable, and inventory. Property, plant, and equipment is the company's only noncurrent asset. Financial ratios for 2021 are listed below. Profitability and turnover ratios with balance sheet items in the denominator were calculated using year-end balances rather than averages. I. Use the data found above to recreate a December 31, 2021, balance sheet for the CC's Company. II. Once the balance sheet is recreated, conduct a common-size analysis and comment on the results that mav reflect red flags or anomalies. CC destroyed its records in an attempted fraud. The company's records show income statement for the year ended December 31, 2021, reported interest expense of \$2 million and income tax expense of $12 million. Current assets listed in its balance sheet include cash, accounts receivable, and inventory. Property, plant, and equipment is the company's only noncurrent asset. Financial ratios for 2021 are listed below. Profitability and turnover ratios with balance sheet items in the denominator were calculated using year-end balances rather than averages. I. Use the data found above to recreate a December 31, 2021, balance sheet for the CC's Company. II. Once the balance sheet is recreated, conduct a common-size analysis and comment on the results that mav reflect red flags or anomalies