JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2018 $6,560 $8,600 22,600 74,600 $ 84,000 105,800 2017 2017 2018 Current assets Current liabilities Cash Accounts Accounts payable Notes payable $ 51,840 $ 53,000 23,600 16,160 61,280 21,600 receivable Inventory Total $73,440 $ 76,600 Total Long-term debt Owners' equity $ 32,000 30,000 Common stock and paid-in 40,000 $40,000 253,400 surplus Retained earnings 174,560 Net plant and equipment $236,000 $294,200 Total $214,560 $293,400 Total liabilities and owners' equity Total assets $320,000 $400,000 $320,000 $400,0oo 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 6,560 16,160 61,280 $84,000 8,600 22,600 74,600 105,800 Fixed assets Net plant and equipment Total assets $236,000 $ 320,000 294,200 400,000 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total 51,840 21,600 $73,440 $32,000 53,000 23,600 76,600 30,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total $40,000 174,560 $ 214,560 $320,000 40,000 253,400 293,400 400,000 Total liabilities and owners' equity