AssignmentMain.do?invoker-BakeAssignmentSessionLocat&inprogresse false eBook Show Me How Printem Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow: Current Year Previous Year Current assets $2,500,000 $1,840,000 Property, plant, and equipment 5,600,000 6,072,000 Intangible assets 1,900,000 1,288,000 Current liabilities 2,000,000 1,380,000 Long-term liabilities 3,400,000 3,680,000 Common stock 920,000 920,000 Retained earnings 3,680,000 3,220,000 Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total abilities and stockholders' equity. Round percentages to one decimal place. Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Current Current Previous Previous year year year year Amount Percent Amount Percent Current assets $2,500,000 % $1.840,000 Property, plant, and equipment 5,600,000 % 6,072,000 Intangible assets 1.900,000 1,288,000 Check My Work 5 more Check My Work uses remaining Next ZUM