Prepare the 2021 combined common-size, common-base year balance sheet for Just Dew It.

Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Use this information to work the above problem.

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JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets Assets Liabilities and Owners' Equity 2020 2021 2020 2021 Current assets Current liabilities Cash $ 14,588 $ 17,631 Accounts payable $ 55,653 $ 63,073 Accounts receivable 35,258 41,019 Notes payable 21,895 25,324 Inventory 65,567 71,505 Total $ 77,548 $ 88,397 Total $115,413 $130,155 Long-term debt $ 58,000 $ 62,000 Owners' equity Common stock and paid-in surplus $ 60,000 $ 60,000 Retained earnings 418,179 $457,278 $478,179 397,278 Net plant and equipment $477,413 $498,421 Total Total liabilities and Total assets $592,826 $628,576 owners' equity $592,826 $628,576