Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets

Assets Liabilities and Owners’ Equity
2017 2018 2017 2018
Current assets Current liabilities
Cash $10,200 $13,200 Accounts payable $46,000 $62,160
Accounts receivable 30,200 38,640 Notes payable 27,800 33,120
Inventory 74,600 87,120 Total $115,000 $138,960
Total $73,800 $95,280 Long-term debt $40,000 $36,000
Owners’ equity
Common stock and paid-in surplus $60,000 $60,000
Retained earnings 226,200 288,720 Net plant and equipment $285,000 $341,040
Total $286,200 $348,720 Total assets $400,000 $480,000
Total liabilities and owners’ equity $400,000 $480,000

Required:
Prepare the 2018 combined common-size, common-base year balance sheet for Just Dew It. (Do not round intermediate calculations and round your answers to 4 decimal places, e. g., 32.1616.)

A. economic resources to be used or turned into cash within one year. b. reports assets, liabilities, and stockholders' equity. c. decrease assets; increase liabilities and stockholders' equity. d. increase assets; decrease liabilities and stockholders' equity. e. an exchange or event that has a direct and measurable financial effect. f. accounts for a business separate from its owners. g. the principle that assets should be recorded at their original cost to the company. h. a standardized format used to accumulate data about each item reported on financial statements. i. the basic accounting equation. j. the two equalities in accounting that aid in providing accuracy. k. the account credited when money is borrowed from a bank using a promissory note. l. cumulative earnings of a company that have not yet been distributed to the owners. m. every transaction has at least two effects. n. amounts presently owed by the business. transaction, separate entity assumption, balance sheet, liabilities, assets, current assets, notes payable, duality of effects, retained earnings, debit.