Balance sheet data for Kwan 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 Current Year Previous Year $354,420 $209,560 579,960 548,080 139,620 48,360 225,540 120,900 451,080 338,520 112,840 233,740 Common stock Retained earnings 107,400 289,980 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. If required, round percentages to one decimal place. Kwan Company Comparative Balance Sheet For the Years Ended December 31 Current assets Current Current year year year Amount Percent Amount $354,420 % $209,560 Previous Previous year Percent % Property, plant, and equipment Intangible assets 579,960 139,620 % 548,080 % % 48,360 % Total assets $1,074,000 % $806,000 % Current liabilities $225,540 % $120,900 % Long-term liabilities 451,080 % 338,520 % Common stock 107,400 % 112,840 % Retained earnings 289,980 % 233,740 % Total liabilities and stockholders' equity $1,074,000 % $806,000 % Check My Work Previous