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Prepare common-size income statements and balance sheets for the years ended March 31, 2013 2015. A common-size income statement displays numbers as a percentage of sales, and a common-size balance sheet displays numbers as a percentage of total assets.

Income statements (In thousands) Total sales Cost of goods sold Gross profit Selling, general, and administrative expenses Depreciation Operating profit Interest expense Profit before tax Tax April 1 to March 31 2012-13 2013-14 2014-15 * 2,000 * 4,800 8,000 1,240 2,832 4,800 760 1,968 3,200 80 450 1,000 100 400 660 580 1,118 1,540 60 158 340 520 960 1,200 156 288 360 * 364 7672 840 Net income Balance sheets 2012 (In thousands) Cash and cash equivalents Accounts receivable Inventories Current assets Fixed assets, net of depreciation Total assets March 31 2013 2014 40 * 100 300 1,500 320 1,500 660' 3,100 1,900 2,500 * 2,560 * 5,600 2015 * 106 2,100 2,250 4,456 4,700 * 9,156 - - * Current liabilities Long-term borrowings Total liabilities 260 736 996 * 1,728 1,236 2,964 * 2,780 2,500 5,280 Equity share capital Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 1,200 364 1,564 * 2,560 1,600 1,036 2,636 * 5,600 2,000 1,876 3,876 * 9,156