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 $ 11,800 Accounts payable $ 40,500 29,000 Notes payable 14,850 47,000 $ Current assets Cash Accounts receivable Inventory $ 45,800 7,950 23,550 36,750 20,800 Total $ 68,250 $ 87,800 Total $ 55,350 $ 66,600 Long-term debt $ 30,000 $ 24,000 Owners' equity Common stock and paid-in surplus Retained earnings $ 42,000 172,650 $ 42,000 267,400 Net plant and equipment $ 231,750 $ 312,200 Total $ 214,650 $309,400 Total assets $300,000 $400,000 Total liabilities and owners' equity $300,000 $400,000 Prepare the 2018 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 $ 7,950 $ 23,550 36,750 68,250 $ 11,800 29,000 47,000 87,800 0.4300 0.9236 0.9592 $ 0.9648 $ 231,750 $ 300,000 $ 312,200 400,000 1.0104 1.0000 $ 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 liabilities and owners' equity $ $ 40,500 $ 14,850 $ 55,350 $ 30,000 $ 45,800 20,800 66,600 24,000 $ $ 42,000 $ 172,650 214,650 $ 300,000 $ 42,000 267,400 309,400 400,000 $ 1.0000