Just Dew It Corporation reports the following balance sheet information for 2001 and 2002.

Prepare the 2002 common–base year balance sheet for Just Dew It.

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Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets JUST DEW IT CORPORATION Balance Sheets as of December 31, 2001 and 2002 2001 2002 $ 9,201 28,426 54,318 $ 91,945 $296,418 $388,363 $ 9,682 29,481 63,682 $102,845 $327,154 $429,999 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity 2001 $ 71,802 36,108 $107,910 $ 50,000 2002 $ 56,382 50,116 $106,498 $35,000 $ 75,000 $75,000 155,453 213,501 $230,543 $288,501 $388,363 $429,999