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Information for LALA Company are provided below. 1. Prepare a common-size Balance Sheet for LALA Company. 2. Briefly explain your findings in part 1. 3. Calculate Current ratio for 2019 & 2020. Comment on the firm's liquidity. 4. Calculate Debt to Assets ratio & Debt to Equity ratio for 2019 & 2020. Comment results. LALA Company Balance Sheet Years ended 2019 and 2020 (in thousands of Canadian dollars) Assets Liab, and Equity 2019 2020 2019 2020 Current Assets Current Liabilities Cash $ 235 $289 Accounts Payable $610 $ 570 Accounts Receivable 540 568 Notes Payable BOO 330 Inventory 433 419 Total 910 900 Total 1,208 1,276 Long-Term Debt 0 600 Fixed Assets 890 1,200 Common Stock 88 88 Retained Earnings 1,100 888 Total Assets $2,098 $2,476 Total Lab, and OE $ 2,098 $2,476 LALA Company Balance Sheet Years ended 2019 and 2020 (in thousands of Canadian dollars) Assets Liab, and Equity 2019 2020 2019 2020 Current Assets Current Liabilities Cash Accounts Payable Accounts Receivable Notes Payable Inventory Total Total Long-Term Debt Fixed Assets Common Stock Retained Earnings Total Assets Total Lab. and OE