JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets 2017 2018 2018 Liabiliues and Owners' Equity 2017 Current liabilities Accounts payable $ 39,040 Notes payable 12.960 Current assets Cash Accounts receivable Inventory $ 48.720 17.280 $ 4.000 14.880 61.920 $ 11,280 20,400 90.480 $ 66,000 $ 52,000 Total Total $ 80.800 $ 122.160 $ 36,000 Long-term debt $ 48,000 Owners' equity Common stock and pald-In surplus Retained earnings $ 60,000 160.000 $ 60.000 318,000 $378.000 $220.000 Net plant and equipment $239,200 $ 357.840 Total $320,000 $480.000 Total assets $320.000 Total tables and owners equity S480.000 Prepare the 2017 and 2018 common-size balance sheets for Just Dew it. (Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g.. 3216.) 2017 % 2018 $ 9 4,000 14,880 81.920 80.800 11.280 20,400 90,480 122160 % S S S 239,200 320,000 857,840 480.000 S Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total abilities and owners equity S 39040 12.980 52.000 48.000 49.720 17.280 66.000 35.000 05 5 $ . S 60.000 160.000 220.000 320.000 80.000 315.000 378.000 480.000 S S