Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets Assets 2020 2021 Liabilities and Owners Equity 2020 2021 Current assets Current liabilities Cash $ 8,850 $ 14,200 Accounts payable $ 37,500 $ 46,600 Accounts receivable 15,750 23,000 Notes payable 11,850 19,400 Inventory 34,650 52,200 Total $ 59,250 $ 89,400 Total $ 49,350 $ 66,000 Long-term debt $ 27,000 $ 24,000 Owners equity Common stock and paid-in surplus $ 45,000 $ 45,000 Retained earnings 178,650 265,000 Net plant and equipment $ 240,750 $ 310,600 Total $ 223,650 $ 310,000 Total assets $ 300,000 $ 400,000 Total liabilities and owners equity $ 300,000 $ 400,000 Prepare the 2021 common-base year balance sheet for Just Dew It. (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.) 2020 2021 Assets Current assets Cash $8,850 $14,200 Accounts receivable 15,750 23,000 Inventory 34,650 52,200 Total $59,250 $89,400 Fixed assets Net plant and equipment $240,750 $310,600 Total assets $300,000 $400,000 Liabilities and Owners Equity Current liabilities Accounts payable $37,500 $46,600 Notes payable $11,850 $19,400 Total $49,350 $66,000 Long-term debt $27,000 $24,000 Owners' equity Common stock and paid-in surplus $45,000 $45,000 Retained earnings 178,650 265,000 Total $223,650 $310,000 Total liabilities and owners' equity $300,000 $400,000 2020 2021 Assets Current assets Cash $8,850 $14,200 Accounts receivable 15,750 23,000 Inventory 34,650 52,200 Total $59,250 $89,400 Fixed assets Net plant and equipment $240,750 $310,600 Total assets $300,000 $400,000 Liabilities and Owners Equity Current liabilities Accounts payable $37,500 $46,600 Notes payable $11,850 $19,400 Total $49,350 $66,000 Long-term debt $27,000 $24,000 Owners' equity Common stock and paid-in surplus $45,000 $45,000 Retained earnings 178,650 265,000 Total $223,650 $310,000 Total liabilities and owners' equity $300,000 $400,000