The following are the summarized balance sheet of precision company as on 31st December, 2018 and 31 December, 2023. BIDCO. Company Comparative Balance Sheet December 31, 2022 and 2023. 2022 2023 Shs Shs Assets Current Assets Cash 79,000 42,000 Short Term Investments 65,000 96,000 Accounts Receivables, Net 120,000 100,000 Merchandize Inventory 250,000 265,000 Total Current Assets 514,000 503,000 Plant, Property and Equipment: Store Equipment, Net 400,000 350,000 Office Equipment, Net 45,000 50,000 Building, Net Land Total Plant Assets Total Assets Liabilities: Current Liabilities Accounts Payable Short Term Notes Payable Taxes Payable 625,000 675,000 100,000 100,000 1,170,000 1,175,000 1,684,000 1,678,000 164,000 190,000 75,000 90,000 26,000 12,000 Total Current Liabilities 265,000 292,000 Long Term Liabilities Notes Payable (secured by mortgage on buildings) 400,000 420,000 Total Liabilities 665,000 712,000 Stockholder's Equity: Common stock @ 5 per value 475,000 475,000 Retained Earnings 544,000 491,000 Total Stockholder's Equity 1,109,000 966,000 Total Liabilities and Equity 1,684,000 1,678,000 Required: Prepare common size comparative balance sheets for the years 2022 and 2023. Analyze the financial position of precision company as detailed as possible.