A condensed balance sheet for Northeast Airlines and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of total assets. 2-a. What percentage of Northeast's assets relate to inventory of parts and supplies? 2-b. What percentage of Northeast's assets relate to property and equipment? 2-c. Which of these two asset groups is more significant to Northeast's business? 3. What percentage of Northeast's assets is financed by total stockholders' equity? By total liabilities? Complete this question by entering your answers in the tabs below. nces Req 1 Req 2A Req 28 Req 2C Req 3 Complete the vertical analysis by computing each missing line item as a percentage of total assets. (Round your answers to the nearest whole percent.) NORTHEAST AIRLINES Balance Sheet (summarized) December 31, 2019 (in millions of U.S. dollars) Cash $ 2,024 % Current Liabilities $ 5,694 18 % Short-Term Investments 1,920 6 % Long-Term Liabilities 11,996 39 % Accounts Receivable 384 Inventory of Parts and Supplies 885 % Total Liabilities 3% Common Stock 17,690 57 % 2,331 8% Other Current Assets 395 1 % Retained Earnings Property and Equipment, Net 23,815 Other Assets 1,633 % Treasury Stock 5% Total Stockholders' Equity 19,572 (8.537) 63 % (27) % 13,366 43 % Total Assets $ 31,056 100 % Total Liabilities & Stockholders' Equity $ 31,056 100 % Req Req 2A >