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PM from Show Me How Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities Common stock Retained earnings Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each lability and stockholders' equity item as a percent of the total iabilities and stockholders' equity. If required, round percentages to one decimal place. $354,280 573,100 114,620 197,980 437,640 114,620 291,760 $226,780 516,120 39,100 101,660 336,260 226,780 Alvaraz Company December 31 Current year Amount Current year Peroent Previous year Amount Previous year Percent Current assets Property, plant, and equipment Intangible assets $354,280 573,100 114,620 $1,042,000 516,120 39,100 $782,000 Next