Problem 3-15 Preparing Standardized Financial Statements [LO 1] Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Assets Current assets Cash BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Accounts receivable Inventory Total $ 72,718 % $ 91,489 % 66,781 % 87,139 % 113,146 % 177,607 % $ 252,645 % $ 356,235 % Fixed assets Net plant and equipment $ 659,047 % 69 $ 590,128 Total assets $ 911,692 % $ 946,363 de de % % Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt $ 185,422 % $ 193,111 % 80,520 % 132,088 % $ 265,942 % $ 325,199 % $ 228,000 % $ 164,750 % 69 69 Owners' equity Common stock and paid-in surplus $ 227,000 % $ Accumulated retained earnings 190,750 % 227,000 229,414 % % Total 417,750 % Total liabilities and owners' equity $ 911,692 % 69 69 $ 456,414 % $ 946,363 %