In addition to common-size financial statements, commonbase year financial statements are often used. Commonbase year financial statements are constructed by dividing the current year account value by the base year account value. Thus, the result shows the growth rate in the account.

Prepare the common-size balance sheet and commonbase year balance sheet for the company. Use 2014 as the base year. (Do not round intermediate calculations. Enter your common-size answers as a percent and your commonbase year answers as a times. Round your common size answers to 2 decimal places, e.g., 32.16, and common-base year answers to 4 decimal places, e.g., 32.1616.)

JARROW CORPORATION 2014 Common-size 2015 Common-size Commonbase year Assets Current assets Cash $ 8,514 _____ % $10,454 ______% ________ Accounts receivable 21,453 _____% 23,937 ______% _________ Inventory 37,822 _____% 42,797 ______% _________ Total $ 67,789 _____ % $77,188 _____% __________ Fixed assets Net plant and equipment $ 216,370 _____% $244,340 _____% _______ Total assets $ 284,159 _____% $321,528 _____% ________ Liabilities and Owners Equity Current liabilities Accounts payable $ 41,898 _____% $46,884 _____% _______ Notes payable 18,464 _____% 18,035 _____% _________ Total $ 60,362 ____% $64,919 ____% ________ Long-term debt $ 25,000 _____% $32,000 ____% ________ Owners' equity Common stock and paid-in surplus $ 39,000 ____% $40,200 _____% ________ Retained earnings 159,797 ____% 184,409 _____% ________ Total $ 198,797 ____% $224,609 _____% ________ Total liabilities and owners' equity $ 284,159 _____% $321,528 ____% ________