Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow:

Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity. Round percentages to one decimal place.

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Current Year $2.352.000 Prior Year Current assets $1,900,000 4,536.000 1,512.000 1,848,000 2,520.000 4,712,000 Property, plant, and equipment Intangible assets Current liabilities 988,000 1,444,000 Long term liabilities 2,888,000 Common stock Retained earnings 1,260,000 836,000 2,772,000 2,432,000