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Balance sheet data for Kwan Company on December 11, the end of twe recent scal years, follow Current Year Previous Year Current assets $144,960 $210,340

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Balance sheet data for Kwan Company on December 11, the end of twe recent scal years, follow Current Year Previous Year Current assets $144,960 $210,340 Property, plant, and equipment 503,120 509,670 Intangible asset 150,020 38,990 Current Babil 247.940 145,620 Long term liabilities 355,740 283,150 Common stock 129,360 113,260 Bened earnings 344,960 266,970 Prepare a comparative halance sheet for both years, stating each percent of total asets and each ability and stockholders equity ma perome of the totalitatis and stockholders equity. It required, round percentages to one decimal place. Kwan Company Comparative Balance Sheet For the Years Ended December 31 Current Current Previous Previous Year year year year Amount Percent ant Percent Current sets $344,950 $210,340 Property, plant and equipment 562,120 509,070 Intangible assets 150,920 Total as 51,075,000 $10,000 Current liabilities $247,940 5145,620 68.990 % % Current liabilities Long-term liabilities Common stock $247,940 355,740 % % $145,620 283,150 113,260 266,970 129,360 % % Retained earnings 344,960 % % Total liabilities and stockholders' equity $1,078,000 % $809,000 %

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