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Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow: 1 Current Year Previous Year 2 Current assets

Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow:

1

Current Year

Previous Year

2

Current assets

$1,536,000.00

$1,239,000.00

3

Property, plant, and equipment

3,968,000.00

3,835,000.00

4

Intangible assets

896,000.00

826,000.00

5

Current liabilities

1,152,000.00

826,000.00

6

Long-term liabilities

1,792,000.00

1,947,000.00

7

Common stock

640,000.00

649,000.00

8

Retained earnings

2,816,000.00

2,478,000.00

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.

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