Screen Shot 2020-04-14 at 1.31.36 AM Q Search Q Search re-Built Problems i Saved Hel apter 03 Pre-Built Problems i Saved Help Save & Exit Prepare the 2017 and 2018 common-size balance sheets for Just Dew It. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Check Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 2017 % 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets nts $ Assets 2017 2018 Book 2018 7,800 15,800 53,400 77,000 12,250 31,000 64,250 107,500 Liabilities and Owners' Equity 2017 Current liabilities Accounts payable $ 46,400 Notes payable 20,600 Print $ Current assets Cash Accounts receivable Inventory $ ferences 7,800 15,800 53,400 $ 52,750 26,500 $ 12,250 31,000 64,250 $ 77,000 $ $ Total 323,000 400,000 $ 107,500 $ 67,000 Total $ 79,250 392,500 500,000 % Long-term debt $ 46,000 $40,000 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' eruitu Owners' equity Common stock and paid-in $ 50,000 surplus Retained earnings 237,000 $ % $50,000 330,750 46,400 46,400 20,600 67,000 46,000 52,750 26,500 79,250 40,000 Net plant and equipment $323,000 $392,500 Total $ 287,000 $380,750 $ % Total assets $400,000 $500,000 Total liabilities and owners' equity $400,000 $500,000 50,000 237,000 287,000 400.000 50,000 330,750 380,750 500.0001 $ %