Preparing Common Size Statements The financial statements for Venus Industries follow: Venus Industries Consolidated Income Statements (in thousands, except per share data) Venus Industries Foncolidated Ralance Sheers (in thousands) Venus Industries Consolidated Balance Sheets (in thousands) ASSETS Current assets: Cash and equivalents $291,284$260,050 Accountsreceivable,lessallowancefordoubtfulaccountsof$19,447826,977616,064 and $20,046 Inventories Deferred income taxes Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Goodwill Other assets Total assets \begin{tabular}{rr} (193,037) & (151,758) \\ \hline$377,995 & $346,037 \\ 174,326 & 110,363 \\ 30,927 & 24,701 \\ \hline$2,361,536 & $1,931,464 \\ \hline \end{tabular} LIABILITIS AND STOCKHOLDERS' EQUTTY Current liabilities: riumat mantion aflenn onom daht 457ner 42657 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Current portion of long-term debt Notes payable Accounts payable Accrued liabilities Income taxes payable Total current liabilities \begin{tabular}{rr} 17,150 & 42,422 \\ \hline$452,564 & $420,588 \end{tabular} Long-term debt Noncurrent deferred income taxes Other noncurrent liabilities Commitments and contingencies Redeemable preferred stock Total liabilities \begin{tabular}{rr} 300 & 300 \\ \hline$541,437 & $548,712 \\ \hline \end{tabular} Stockholders' equity: Common stock at stated value: Class A convertible 26,691 and 26,919 shares outstanding Class B49,161 and 48,591 shares outstanding Capital in excess of stated value Treasury stock (common at cost) Retained earnings 1. Prepare commori size income statements to be used for horizontal andiysis for Vecus for 2021 to 2023. Enter your answers in percentage terma, rounded to two decimal places, and do not include the "06" sige with your answer, For example, "100.00" or "28.72". Utilute 202t as the base year for both 2022 and 2023. You do not need to include the actual dollu amounts shown above. 2. Prepsre common size balance sheets to be used for vertical analysis for 2023 and 2022 . Enter your answers in percentage terms, rounded to two decimal places, and do not include the "\%" sign with your answer. For example, "100.00" or "28.72". Percentages may not calculate down because 0 rounding. You do not need to include the actual dollar amounts shown above. If an answer box does not require an entry enter "0". Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Current portion of long-term debt Notes payable Accounts payable Accrued liabilities Income taxes payable Total current liabilities Long-term debt Noncurrent deferred income taxes Other noncurrent liabilities Commitments and contingencies Redeemable preferred stock Total liabilities Stockholders' equity: Common stock at stated value: Class A convertible-26,691 and 26,919 shares outstanding Class B- 49,161 and 48,591 shares outstanding Capital in excess of stated value Treasury stock (common at cost) 3. Indicate whether the proportion of dollars invested in the various categones of assets has changed significantly between 2022 and 2023. 4. Indicate whether the proportion of capital roised from the vanous habblity categones and common stockholders' equaty has changed sigruficantly between 2032 and 2023