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6. Varine Corp. reported the following amounts on its balance sheet at December 31, 2024 and 2023 (Click the icon to view the amounts)

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6. Varine Corp. reported the following amounts on its balance sheet at December 31, 2024 and 2023 (Click the icon to view the amounts) Prepare a vertical analysis of Variline Corp. for 2024 and 2023 Begin by preparing a vertical analysis of Varine assets for 2024, then prepare a vertical analysis for 2023. (Round the percent of total amounts to one decimal place, XX%) Variline Optical Company Balance Sheet (partial) December 31, 2024 and 2023 Balance Sheet Data 2024 Percent of Total 2023 Percent of Total Cash and Receivables 28,380 % $ 35,400 2024 2023 Merchandise Inventory 18,040 Property, Plant and Equipment, Net 63.580 11,200 50,400 Cash and Receivables $ 28.380 $ 38.400- Merchandise Inventory 18.040 11,200 $ 110,000 $ 100,000 63,580 50,400 Total Assets Property, Plant, and Equipment, Net 110,000 $ 100,000 Total Assets Print Done

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