(Preparing common-size financialstatements)The balance sheet and income statement for CarverEnterprises.Prepare acommon-size balance sheet for Carver Enterprises.b.Prepare acommon-size income statement for Carver Enterprises.

Balance Sheet 2010 Cash and marketable securities$500 Accounts receivable5,990 Inventories9,490 Current assets$15,980 Net property plant and equipment17,020 Total assets$33,000 Accounts payable$7,170 Short-term debt6,810 Current liabilities$13,980 Long-term liabilities6,990 Total liabilities$20,970 Total owners' equity12,030 Total liabilities and owners' equity$33,000

a.Prepare acommon-size balance sheet for Carver Enterprises.Complete thecommon-size balance sheetbelow:(Round to one decimalplace.)

Common-Size Balance Sheet		2013
Cash and marketable securities	$	500		%
Accounts receivable		5,990
Inventories		9,490
Current assets	$	15,980		%
Net property plant and equipment		17,020
Total assets	$	33,000		%
Accounts payable	$	7,170		%
Short-term debt		6,810
Current liabilities	$	13,980		%
Long-term liabilities		6,990
Total liabilities	$	20,970		%
Total owners equity		12,030
Total liabilities and owners equity	$	33,000