Information for LALA Company are provided below. 1. Prepare a common-size Balance Sheet for LALA Company. 2. Briefly explain your findings in part 1. 3. Calculate Current ratio for 2019 & 2020. Comment on the firm's liquidity. 4. Calculate Debt to Assets ratio & Debt to Equity ratio for 2019 & 2020. Comment resu LALA Company Balance Sheet Years ended 2019 and 2020 (in thousands of Canadian dollars) Assets Liab, and Equity 2019 2020 2019 2020 Current Assets Current Liabilities Cash S 235 S289 Accounts Payable S610 S 570 Accounts Receivable 540 568 Notes Payable 300 330 Inventory 433 419 Total 910 900 Total 1,208 1.276 Long-Term Debt 0 600 Fixed Assets 890 1.200 Common Stock 88 88 Retained Earnings 1.100 888 Total Assets $2,098 S2,476 Total Liab, and OE $ 2.098 $2,476 LALA Company Balance Sheet Years ended 2019 and 2020 (in thousands of Canadian dollars) Assets 2019 2020 Current Assets Cash Accounts Receivable Inventory Total Liab, and Equity 2019 2020 Current Liabilities 235 11.20% Accounts Payable 540 25.74% Notes Payable 433 20.64% Total 1208 57.58% Long-Term Debt 890 42.42% Common Stock Retained Earnings 2098 100% Total Liab, and OE Fixed Assets Total Assets