Just Dew It Corporation reports the following balance sheet information for 2011 and 2012. Use this information to work Problems given below: Particulars 2011 2011 2012 Just Drew It Inc. Balance sheet 2012 Particulars Current liabilities Accounts 11,173 payable Current assets Cash 9,279 41,060 43,805 23,683 25,760 Notes payable 16,157 16,843 Accounts receivables Inventory 57,217 60,648 42,636 75,598 46,915 83,848 Long term debt 40,000 35,000 Fixed assets Plant and Equipment 272,04 7 297,96 7 Owner's equity Common stock Retained earnings 50,000 200,42 8 250,42 8 50,000 236,16 7 286,16 7 Total assets 347,64 5 381,81 5 347,64 5 381,81 5 1. Prepare the 2011 and 2012 common-size balance sheets for Just Dew It. 2. Prepare the 2012 common-base year balance sheet for Just Dew It