Pinnacle Manufacturing, Incorporated, is currently operating at only 96 percent of fixed asset capacity. Current sales are $860,000. Fixed assets are $510,000 and sales are projected to grow to $920,000. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) New fixed assets Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Assets 2020 2020 2021 Liabilities and Owners' Equity Current liabilities Current assets Cash $ 7,400 $ 15,120 Accounts payable Notes payable $ 61,600 $62,160 14,400 Accounts receivable 23,400 25,200 18,240 Inventory 76,200 89,040 Total $ 107,000 $129,360 Total $76,000 $80,400 Long-term debt $ 48,000 $36,000 Owners' equity Common stock and paid-in surplus $ 60,000 $60,000 Retained earnings 216,000 303,600 Net plant and equipment $ 293,000 $ $ 276,000 363,600 Total assets $ $ 400,000 480,000 Total liabilities and owners' equity $ $ 400,000 480,000 Prepare the 2020 and 2021 common-size balance sheets for Just Dew It. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 2020 % 2021 % Assets Current assets Cash $ 7,400 % $ % Accounts receivable 23,400 % % Inventory 76,200 % % Total $ 107,000 % $ % Fixed assets Net plant and equipment $ 293,000 % $ % $ 400,000 % $ % $ 61,600 % $ % 14,400 % % $ 76,000 % % $ % $ $ 48,000 % $ % $ % 60,000 216,000 % % $ 276,000 % % $ 400,000 % % Total assets Current liabilities Liabilities and Owners' Equity Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $ 350,640 Total 15,120 25,200 89,040 129,360 350,640 480,000 62,160 18,240 80,400 36,000 60,000 303,600 $ 363,600 $ 480,000