2019 Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 Assets Current assets $ 9,191 Property, plant, and equipment (net) 2,163 Other assets 1,568 Total assets $12,922 Liabilities and Stockholders' Equity Current liabilities $3,201 Long-term liabilities 1.235 Stockholders' equity 8,486 Total liabilities and stockholders' equity $12,922 $ 9,100 2,100 1,600 $12.800 $ 3,300 1,300 8,200 $12,800 Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base (Show the amount of increase or decrease as well) (Enter amounts in millions. Enter negative amounts and percentages using either a negative sign preceding the numberes.-45,-45% or parentheses es: (45).(45%). Round percentages to 1 decimal place, es 123%) NIKE, INC. Condensed Balance Sheet ($ in millions) Increase 2019 (Decrease) Percentage Change from 2019 2020 Assets 96 $9.191 $9.100 $ Current assets Property, plant & equipment (net) Other assets 2.163 2.100 X 1.568 1.600 965 $12.922 $12,800 5 Total Assets Liabilities and Stockholders' Equity Current liabilities 53.201 $3.300 5 1.235 1.300 Long-term liabilities 8.486 8.200 Stockholders' equity Total liabilities and Stockholders' Fruity $12.922 $12.800 (b) Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, eg. 12.3%) NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current assets $9,191 % Property, plant, and equipment (net) 2,163 1,568 Other assets 36 $12,922 Total Assets %6 Liabilities and Stockholders' Equity Current liabilities $3.201 9 1.235 Long-term liabilities 8,486 96 Stockholders' equity Total liabilities and Stockholders Equity 36 $12.922