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Alberta Playground Inc. produces, markets, distributes, and installs durable playground equipment. It is a new, growing playground distributor in Canada, and is hoping to expand to other provinces shortly. Its head office is in Edmonton, and its 2023 and 2022 balance sheets and income statements follow. Assume the common shares represent 204,530 (thousand) shares issued and outstanding for the entire year ended March 31,202 Required: 1. Prepare a common-size balance sheet and income statement on a comparative basis for 2023 and 2022 (Round the final pereentage answers to 2 decimal places. Negative answers should be indicated by a minus sign.) ALBERTA PLAYGROUND INC. Common-Size Comparative Balance Sheet As at March 31, 2023 and March 31, 2022 \begin{tabular}{|l|l|} \hline Assets \\ \hline Current assets \\ \hline Cash and cash equivalents \\ \hline Receivables \\ \hline Inventories \\ \hline Prepaid expenses and other assets \\ \hline Non-strategic investment \\ \hline Other current assets \\ \hline Total current assets \\ \hline Portfolio investment \\ \hline Property, plant and equipment \\ \hline Goodwill \\ \hline Trademarks and other intangibles \\ \hline Other assets \\ \hline Total assets \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline GoocwiII \\ \hline Trademarks and other intangibles \\ \hline Other assets \\ \hline Total assets \\ \hline Liabilities \\ \hline Current liabilities \\ \hline Bank loans \\ \hline Accounts payable and accrued liabilities \\ \hline Income taxes payable \\ \hline Current portion of long-term debt \\ \hline Total current liabilities \\ \hline Non-current liabilities - \\ \hline Long-term debt \\ \hline Other liabilities \\ \hline Total liabilities \\ \hline Equity \\ \hline Common shares \\ \hline Retained earnings \\ \hline Total equity \\ \hline Total liabilities and equity \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ ALBERTA PLAYGROUND INC. } \\ \hline \\ Common-Size Comparative Income Statement \\ \hline Revenues & \\ \hline Cost of sales and selling, general and administrative & \\ \hline Depreciation and amortization expense & \\ \hline Operating profit & \\ \hline Interest on long-term debt & \\ \hline Other expenses & \\ \hline Profit before income taxes & \\ \hline Income taxes & \\ \hline Profit & \\ \hline \end{tabular}

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