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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018.    JUST...

Just Dew It Corporation reports the following balance sheet information for 2017 and 2018.

  

JUST DEW IT CORPORATION
2017 and 2018 Balance Sheets
Assets Liabilities and Owners’ Equity
2017 2018 2017 2018
  Current assets   Current liabilities
      Cash $ 7,950 $ 11,800       Accounts payable $ 40,500 $ 45,800
      Accounts receivable 23,550 29,000       Notes payable 14,850 20,800
      Inventory 36,750 47,000
        Total $ 68,250 $ 87,800         Total $ 55,350 $ 66,600
  Long-term debt $ 30,000 $ 24,000
  Owners’ equity
      Common stock and paid-in surplus $ 42,000 $ 42,000
      Retained earnings 172,650 267,400
  Net plant and equipment $ 231,750 $ 312,200   Total $ 214,650 $ 309,400
  Total assets $ 300,000 $ 400,000   Total liabilities and owners’ equity $ 300,000 $ 400,000

   

Prepare the 2018 combined common-size, common-base year balance sheet for Just Dew It. (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.)

  

2017 2018
Assets
Cash 7,950 11,800
Accounts receivable 23,550 29,000
Inventory 36,750 47,000
Total 68,250 87,800
Fixed Assets
Net plant and equipment 231,750 312,200
Total Assets 300,000 400,000 1.0000
Liabilities and Owners' Equity
Current liabilities
Accounts payable 40,500 45,800
Notes payable 14,850 20,850
Total 55,350 66,000
Long-term debt 30000 24,000
Owners' equity
Common stock and paid-in surplus 42,000 42,000
Accumulated retained earnings 172,650 267,400
Total 214,650 309,400
Total liabilities and owner's equity 300,000 400,000 1.0000

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Calculate the common size and common base year balance sheet as follows:

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