Prepare the 2017 and 2018 common size balance sheets for Just Dew It.

JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $6,560 $8,600 22,600 74,600 $ 84,000 105,800 Cash Accounts Accounts payable Notes payable $ 51,840 53,000 23,600 16,160 21,600 receivable Inventory 61,280 Total Total $ 73,440 $ 76,600 Long-term debt $32,00O$ 30,000 Owners' equity Common stock and paid-in $ 40000 40,000 surplus 74,560 253,400 $214,560 $293,400 Total liabilities and owners $320,000 $400,000 Retained earnings Net plant and equipment $236,000 $294,200 Total Total assets $320,000 $400,000 equity 2017 2018 Assets Current assets Cash Accounts receivable Inventory Total 6,560 16,160 61,280 84,000 1.141% 8,600 22,600 74,600 105,800 1.381% 0 0 Fixed assets $236,000 $320,000 294,200 400,000 Net plant and equipment 0 Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total $51,840 21,600 $73,440 32,000 53,000 23,600 76,600 30,000 0 0 0 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total 40,000 174,560 $ 214,560 $320,000 40,000 253,400 293,400 400,000 0 0 0 Total liabilities and owners' equity