Assets Simpson Painting, Inc. Balance Sheet December 31, 2018 Liabilities $ 161,000 Total current liabilities 36,500 Long-term debt 201,500 Total liabilities Total current assets $ 110,000 162.000 Long-term investments Property, plant, and equipment, net 272,000 127,000 Stockholders' Equity Total stockholders' equity 399,000 Total liabilities and stockholders' equity $ $ 399,000 Total assets Simpson Painting, Inc. Vertical Analysis of Balance Sheet December 31, 2018 Amount Percent Assets Total current assets $ 161,000 % Long-term investments % 36,500 201,500 Property, plant, and equipment, net % Total assets $ 399,000 100.0 % Liabilities Total current liabilities $ % 110,000 162.000 % 272,000 % Long-term debt Total liabilities Stockholders' Equity Total stockholders' equity $ Total liabilities and stockholders' equity 127,000 % 399.000 100.0 %