Birtle Corporation reports the following statement of financial position information for 2017 and 2018 BIRTLE CORPORATION 2017 and 2018 Statement of Financial Position Assets Liabilities and Owners' Equity 2017 2018 Current assets 2017 2018 Cash Current liabilities $59,279 $11,173 Accounts receivable Accounts payable $41,060 $43,805 23,683 25,760 Inventory Notes payable 16,157 42,636 16,343 46,915 Total $75,98 $83,48 Total $57,217 $60,648 Long-term debt Fixed assets $40,00 $35,009 Owner's equity Net plant and equipment $272,047 $297,967 Common stock and paid-in surplus $50,000 $50,000 Retained earnings $200,428 $236,167 Total $250,428 $286,167 Total assets $347,645 $381,815 $347,645 $381,815 Prepare the 2018 combined common-size common-base year statement of financial position for Birtle (Do not round intermediate calculations. Round the final answers to 3 decimal places.) 2017 Assets 2018 Current assets Cash Accounts receivable Inventory Total $59,279 $11,173 $41,060 $43,805 $23,683 $25,760 $75,98 $83,48 $272,047 $347,645 $297,967 $381,815 Total assets Liabilities and owners' equity Current liabilities Accounts payable Notes payable Total Long-term debt Owner's equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $41,000 $16,157 $57,217 $40,000 $42,005 $60,648 $50,000 $200,428 $250,428 $347,645 $216,167 $286,167 $301,015
