The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over.

Tax rate		40%
Stock price		$17.00
Shares outstanding		3,800,000
Dividends are 50% of net income

Income Statement
Period Ending				31-Dec-13
Total Revenue				148,239,000
COGS				118,094,000
Selling General and Administrative				13,384,000
Depreciation				72,000
Earnings Before Interest And Taxes				16,689,000
Interest Expense				829,000
Income Before Tax				15,860,000
Income Tax Expense (40%)				6,344,000
Net Income				9,516,000
Balance Sheet
Date			31-Dec-13
Assets
Current Assets
	Cash		14,468,000
	Net Receivables		98,359,000
	Inventory		18,758,000
Total Current Assets			131,585,000
Property Plant and Equipment			70,441,000
Total Assets			202,026,000
Liabilities
Current Liabilities
	Accounts Payable		22,446,500
	Accruals		14,315,500
	Notes Payable		3,631,000
Total Current Liabilities			40,393,000
Long Term Debt			134,919,000
Total Liabilities			175,312,000
Stockholders' Equity
Common Stock			40,000
Retained Earnings			26,674,000
Total Stockholder Equity			26,714,000
Total Assets			202,026,000

Calculate the common size balance sheet and the common size income statement for the company.