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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. Assets 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance

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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. Assets 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities 11,280 Accounts payable $ 39,040 20,400 Notes payable 12,960 90,480 $ Current assets Cash Accounts receivable Inventory $ 4,000 14,880 61,920 $ 48,720 17,280 Total $ 80,800 $ 122,160 Total $ 52,000 $ 48,000 $ 66,000 $ 36,000 Long-term debt Owners' equity Common stock and paid-in $ 60,000 surplus Retained earnings 160,000 $ 60,000 318,000 Net plant and equipment $239,200 $ 357,840 Total $220,000 $378,000 Total assets $320,000 $480,000 Total liabilities and owners' equity $320,000 $480,000 Prepare the 2018 combined common-size, 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.) 2017 2018 $ $ 4,000 14,880 61,920 80,800 11,280 20,400 90,480 122,160 $ $ 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 $ $ 239,200 320,000 $ $ 357,840 480,000 $ $ 39,040 12,960 52,000 48,000 48,720 17,280 66,000 36,000 Total $ $ $ $ Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ $ 3 60,000 160.000 220,000 320,000 60,000 18.000 378,000 480,000 Total Total liabilities and owners' equity $ $ $

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