JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets 2017 2018 2018 Current assets Cash Accounts receivable Inventory Liabilities and Owners' Equity 2017 Current liabilities Accounts payable $ 61,600 Notes payable 14,400 $ 7,400 23,400 76,200 $ 15,120 25,200 89,040 $ 62,160 18,240 Total $ 107.000 $ 129,360 Total $ 76,000 $ 80,400 Long-term debt $ 48,000 $ 36,000 Owners' equity Common stock and paid-in surplus Retained earnings $ 60,000 216.000 $ 60,000 303,600 Net plant and equipment $293.000 $350,640 Total $ 276,000 $363,600 $400,000 Total assets $ 480,000 Total liabilities and owners equity $400.000 $480,000 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., 32.16.) 2017 2018 % Assets $ % Current assets Cash Accounts receivable Inventory Total % % 7,400 23,400 76,200 107,000 15,120 25,200 89,040 129,360 % % $ % % $ % % 293,000 400,000 350,640 480,000 $ % % Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity $ % % % 96 61,600 14.400 76,000 48,000 62,160 18,240 80,400 36,000 $ % % % GA % ASSELS Current assets Cash $ % % 7,400 23.400 76.200 107.000 de vedere 15,120 25,200 89,040 129,360 % $ 102 $ 293,000 400,000 % 350,640 480,000 $ % % k 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 liabilities and owners' equity $ % % inces % 61,600 14,400 76,000 48,000 % % 62,160 18,240 80,400 36,000 $ $ % % % $ % 60,000 216,000 276,000 400,000 60,000 303,600 363,600 480,000 % % % % % % $ $ % Dr 210 .:: NAVE