Data table Knapp Inc. Balance Sheet at 1/31/2017 and 1/31/2018 Assets 2017 2018 Cash Accounts receivable Inventory $ 200 $ 158 450 423 550 617 $ 1,200 $ 1,198 Current assets Plant and equipment $ 2,200 Less accumulated depreciation (1,000) $ 2,625 (1,211) $ 1,200 $ 1,414 Net plant and equipment $ 2,400 $ 2,612 Total assets Accounts payable Notes payable-current (9%) Current liabilities Bonds Owners' equity Common stock Retained earnings Total owners' equity Total liabilities and owners' equity Liabilities and Owners' Equity 2017 2018 $ 200 $ 155 0 135 $ 200 $ 290 $ 600 $ 600 $ 900 $ 900 700 822 $ 1,600 $ 1,722 $ 2,400 $ 2,612 Print Done 1/31/2018 Sales Cost of goods sold Gross profit Selling, general and administrative expenses Depreciation Operating income Interest expense Net income before taxes Taxes (40%) Net income 2017 $ 1,200 2018 $ 1,468 700 854 500 $ 614 $ 30 $ 42 220 250 211 253 $ 250 361 50 56 $ 200 305 80 122 $ 120 $ 183 Complete the assets section of the common-sized balance sheet: (Round to one decimal place.) Common-sized balance sheet ASSETS Cash Accounts receivable 158 % 423 Inventory 617 Current assets +A 1,198 Plant and equipment $ 2,625 do do % % Less accumulated depreciation (1,211) Net plant and equipment Total assets GA 6A 1,414 % 2,612 %