7 ! Required information The following information applies to the questions displayed below) 1 of 2 The balance sheets for Sports Unlimited for 2021 and 2020 are provided below. Book Required: 1. Prepare a vertical analysis of Sports Unlimited's 2021 and 2020 balance sheets. Express each amount as a percentage of total assets for that year. (Amounts to be deducted should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) Required Information 2020 Amount $ 147.420 52,260 152.880 11,700 Balance in For the years anded December 31 2021 Amount Assets Current assets: Cash $ 217,800 Accounts receivable 101,700 Inventory 94,500 Prepaid rent 23.400 Long-term assets: Investment in bonds 128,000 Land 183,800 Equipment 231,300 Less: Accumulated depreciation (78,300) Total assets $ Liabilities and Stockholders' Equity Current habilities Accounts payable 5 67.500 Interest payable 23,400 Income tax payable 22.500 Long-term abilities Notas payable 304,200 Stockholders equity Common stock 280.800 Retained earnings 201,600 Totatiabities and stockholders equity $ 900,000 0 250,380 207,480 (42,120) 780,000 900.000 $ $ 102,180 11,700 14,820 267,540 280.800 102.980 780.000 $