n addition to common-size financial statements, common-base-year financial statements are often used. Common-base year financial statements are constructed by dividing the current-year account value by base-year account value. Thus, the result shows the growth rate in the account. Prepare the common-size balance sheet and common-base-year balance sheet for the company. Use 2016 as the base-year.

JARROW CORPORATION
		2016		Common-size				2017		Common-size			Common-base year
Assets
Current assets
Cash	$	8,964			%		$	10,904			%
Accounts receivable		22,353			%			24,837			%
Inventory		38,722			%			43,697			%
Total	$	70,039			%		$	79,438			%
Fixed assets
Net plant and equipment		217,270			%			245,240			%
Total assets	$	287,309			%		$	324,678			%
Liabilities and Owners Equity
Current liabilities
Accounts payable	$	42,798			%		$	47,784			%
Notes payable		19,364			%			18,935			%
Total	$	62,162			%		$	66,719			%
Long-term debt		25,900			%			32,900			%
Owners' equity
Common stock and paid-in surplus		39,900			%			41,100			%
Accumulated retained earnings		159,347			%			183,959			%
Total	$	199,247			%		$	225,059			%
Total liabilities and owners' equity	$	287,309			%		$	324,678			%