Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow: Current assets Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities Common stock Retained earnings Current Year Previous Year $2,500,000 $1,840,000 5,600,000 6,072,000 1,900,000 1,288,000 2,000,000 1,380,000 3,400,000 3,680,000 920,000 920,000 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 liabilities and stockholders equity. Round percentages to one decimal place. Alvaraz Company Comparative Balance Sheet For the Years Ended December 311 Current Current Year Amount Year Percent Previous Previous Year Amount Year Percent Current assets Property, plant, and equipment Intangible assets $2,500,000 5,600,000 1,900,000 $1,840.000 6,072,000 1.288,000 C 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 liabilities and stockholders' equity. Round percentages to one decimal place. Current assets Property, plant, and equipment Intangible assets Total assets Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Current Current Year Amount Year Percent Previous Previous Year Amount Year Percent $2,500,000 % $1,840,000 % 5,600,000 % 6,072,000 % 1,900,000 96 1.288,000) % $10,000,000 % $9,200,000 % $2,000,000 $1,380,000 % 3,400,000 3,680,000 % Common stock 920,000 920,000 46 Retained earnings 3,680,000 3,220,000 9 Total liabilities and stockholders enuity $10,000,000 $9,200,000 Current liabilities Long-term liabilities