PE 12-12 Common-Size Balance Sheet Using the following data, prepare a common-size balance sheet. Sales for the year were $75,000. Assets Current assets: Cash I Accounts receivable Inventory Total current assets Property, plant, and equipment (net) Goodwill Total assets Liabilities and stockholders' equity $4,800 9,300 6,000 $20,100 33,000 5,700 $58,800 Current liabilities: Accounts payable $7,200 Unearned revenue Total current liabilities Long-term debt Total liabilities 3,800 $11,000 18,000 $29,000 Capital stock 15,000 Retained earnings 14,800 Total liabilities and stockholders' equity $58,800