In addition to common-size financial statements, common-base year financial statements are often used. Common-base year financial statements are constructed by dividing the current year account value by the base year account value. The result shows the growth rate in the account.

Construct the common-size balance sheet and common-base year balance sheet for the company. Use 2020 as the base year. (Do not round intermediate calculations. Enter your common-size answers as a percent and your common-base year answers as a times. Round your common-size answers to 2 decimal places, e.g., 32.16, and common-base year answers to 4 decimal places, e.g., 32.1616.)

JARROW CORPORATION 2020 and 2021 Balance Sheets 2020 Common-size 2021 Common-size Common-base year $ 1% s % 12,032 30,709 55,288 98,029 15,176 34,969 63,723 113,868 % % % % % $ % $ Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Liabilities and owners' equity Current liabilities Accounts payable Notes payable $ $ 362,374 460,403 % $ % $ 423,995 537,863 % % $ 61,407 26,228 % $ % 64,385 24,735 % % $ $ 87,635 37,500 % % $ $ 89,120 43,500 % % Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $ 59,000 276,268 335,268 460,403 % $ % % % $ 64,500 340,743 405,243 537,863 % % % % $ $ $