Birtle Corporation reports the following statement of financial position information for 2017 and 2018. ...

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Accounting

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
2017201820172018
Current assets Current liabilities
Cash $ 9,279 $ 11,173 Accounts payable $ 41,060 $ 43,805
Accounts receivable 23,68325,760 Notes payable 16,15716,843
Inventory 42,63646,915
Total $ 75,598 $ 83,848 Total $ 57,217 $ 60,648
Long-term debt $ 40,000 $ 35,000
Fixed assets Owners equity
Net plant and equipment $ 272,047 $ 297,967 Common stock and paid-in surplus $ 50,000 $ 50,000
Retained earnings 200,428236,167
Total $ 250,428 $ 286,167
Total assets $ 347,645 $ 381,815 Total liabilities and owners equity $ 347,645 $ 381,815
Prepare the 2018 combined common-size, commonbase year statement of financial position for Birtle. (Do not round intermediate calculations. Round the final answers to 3 decimal places.)
20172018
Assets
Current assets
Cash $ 9,279 $ 11,173
Accounts receivable 23,68325,760
Inventory 42,63646,915
Total $ 75,598 $ 83,848
Fixed assets
Net plant and equipment $ 272,047 $ 297,967
Total assets $ 347,645 $ 381,815
Liabilities and Owners Equity
Current liabilities
Accounts payable $ 41,060 $ 43,805
Notes payable 16,15716,843
Total $ 57,217 $ 60,648
Long-term debt $ 40,000 $ 35,000
Owners' equity
Common stock and paid-in surplus $ 50,000 $ 50,000
Accumulated retained earnings 200,428236,167
Total $ 250,428 $ 286,167
Total liabilities and owners' equity $ 347,645 $ 381,815

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