Prepare the 2009 combined common-size, common-base year balance sheet for Just Dew It. JUST DEW IT CORPORATION

Prepare the 2009 combined common-size, common-base year balance sheet for Just Dew It.

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JUST DEW IT CORPORATION 2008 and 2009 Balance Sheets Assets Liabilities and Owners' Equity 2008 2009 2008 2009 Current assets Current liabilities $ 8,436 $ 10,157 Accounts payable $ 43,050 $ 46,821 Cash Accounts 18,384 17.382 $ 61,434 $ 64,203 receivable 21,530 23,406 Notes payable 38,760 42,650 Inventory Total Total 68,726 $76,213 s 25,000 32,000 Long-term debt Owners' equity Common stock and paid-in surplus $40,000 $ 40,000 Retained earnings 168,998 188,316 $208,998 $228,316 Net plant and equipment $226,706 $248,306 Total Total liabilities and Total assets $295,432 $324,519 owners' equity $295,432 $324,519