Using the Following Balance Sheet, Prepare a Common Size Balance

Using the following balance sheet, prepare a common size balance sheet: $\begin{array}{lrcr}\text { Assets }&&\text { Liabilities and stockholders' equity }\\\hline\text { Current assets }&&\text { Current liabilities }\\\text { Cash }&4&\text { Accounts payable }&28\\\text { Short-term investments } & 9 & \text { Current portion of } \\\text { Accounts receivable } & 32 & \text { long-term debt } & \underline{12} \\\text { Inventory } & 41 & \text { Total current liabilities } & 40\\\text { Prepaid expenses } & 2 & \text { Long-term liabilities } \\\text { Deferred taxes, current } & 7 & \text { Long-term debt } & 48\\\text { Total current assets }&95&\text { Total liabilities }&88\\\\\text { Long-term assets }&&\text { Stockholders' equity }\\\text { Property \& equipment } & 53 & \text { Common stock and PIC } & 51 \\\text { Goodwill } & 12 & \text { Retained earnings } & 30\\\text { Long-term investments }&8\\\text { Other assets }&1&\text { Total stockholders' equity }&81\\\text { Total assets }&169&\text { Total liabilities and equity }&169\end{array}$