Problem 3-13 Preparing Standardized Financial Statements [LO1] Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. 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.) \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multirow[b]{2}{*}{ Assets } & \multicolumn{2}{|c|}{2020} & \multirow[t]{2}{*}{%} & \multicolumn{2}{|c|}{2021} & \multirow[t]{2}{*}{%} \\ \hline & & & & & & \\ \hline \multicolumn{7}{|l|}{ Current assets } \\ \hline Cash & $ & 6,560 & % & $ & 8,600 & % \\ \hline Accounts receivable & & 16,160 & % & & 22,600 & % \\ \hline Inventory & & 61,280 & % & & 74,600 & % \\ \hline Total & $ & 84,000 & % & $ & 105,800 & % \\ \hline \multicolumn{7}{|l|}{ Fixed assets } \\ \hline Net plant and equipment & $ & 236,000 & % & $ & 294,200 & % \\ \hline Total assets & $ & 320,000 & % & $ & 400,000 & % \\ \hline \multicolumn{7}{|l|}{ Liabilities and Owners' Equity } \\ \hline \multicolumn{7}{|l|}{ Current liabilities } \\ \hline Accounts payable & $ & 51,840 & % & $ & 53,000 & % \\ \hline Notes payable & & 21,600 & % & & 23,600 & % \\ \hline Total & $ & 73,440 & % & $ & 76,600 & % \\ \hline Long-term debt & $ & 32,000 & % & $ & 30,000 & % \\ \hline \multicolumn{7}{|l|}{ Owners' equity } \\ \hline Common stock and paid-in surplus & $ & 40,000 & % & $ & 40,000 & % \\ \hline Retained earnings & & 174,560 & % & & 253,400 & % \\ \hline Total & $ & 214,560 & % & $ & 293,400 & % \\ \hline Total liabilities and owners' equity & $ & 320,000 & % & $ & 400,000 & % \\ \hline \end{tabular}