Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current Previous Year Year Current assets $359,370 $220,590 PP&E 620,730 547,390 Intangible assets 108,900 49,020 Current liabilities 228,690 130,720 Long-term liabilities 446,490 343,140 Common stock 108,900 106,210 Retained earnings 304,920 236,930 Prepare a comparative balance sheet for both years. Then, prepare a vertical analysis 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. Vertical Analysis Current Year Previous Year Comparative Balance Sheet Current Year Previous Year Assets $359,370 $220,590 Current Assets NonCurrent Assets PP&E Intangible assets Total Assets 620,730 108,900 $1,089,000 547,390 49,020 $817,000 Liabilities Current Liabilities NonCurrent Liabilities Total Liabilities 228,690 446,490 675,180 130,720 343,140 473,860 SHE SHE Common stock Retained earnings Total SHE Total Liabilities & SHE 108,900 304,920 413,820 1,089,000 106,210 236,930 343,140 817,000