Just Dewit Corporation reports the following balance sheet information for 2017 and 2018 Assets 2017 2018 Current assets Cash Accounts receivable Inventory Total $ 9,000 17,000 77,000 $ 73,250 31,000 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 11,250 Accounts payable $ 70,000 24,750 Notes payable 23,800 93,750 $ 129,750 Total $ 93,800 Long-term debt $ 42,000 Owners' equity Common stock and paid-in surplus $ 50,000 Retained earnings 214,200 $ 103,000 $ 104,250 $ 40,000 $ 50,000 305,750 Net plant and equipment $ 297,000 $ 370,250 Total $264,200 $ 355,750 Total assets $400,000 $500,000 Total liabilities and owners' equity $400,000 $500,000 3 Prepare une 2017 and 2016 common-size balance sheets Tor Just Dew il tuo nor rouna intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 2017 % 2018 % Book Assets Print $ % % 9,000 17,000 77.000 103,000 % % % 11,250 24,750 93.750 129,750 % % $ % $ % 297.000 400,000 370,250 500,000 % % $ % Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notos payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity S % % % 70,000 23,800 93,800 42.000 73,250 31,000 104250 40,000 % $ $ % % % % $ % 50,000 214,200 264,200 400,000 % % % % 50,000 305.750 355,750 500,000 $ % 56 % $