5.Vertical analysis. Mary Lynn Corporation has been operating for several years. Selected data from the 20X1 and 20X2 financial statements follow.

20X2	20X1
Current Assets	$86,000	$80,000
Property, Plant, and Equipment (net)	99,000	80,000
Intangibles	25,000	50,000
Current Liabilities	40,800	48,000
Long-Term Liabilities	153,000	150,000
Stockholders Equity	16,200	12,000
Net Sales	500,000	500,000
Cost of Goods Sold	322,500	350,000
Operating Expenses	93,500	85,000

Prepare a vertical analysis for 20X1 and 20X2. Briefly comment on the results of your work.