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Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow: Current assets Property, plant, and equipment Intangible
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 Common stock Retained earnings Current Year Previous Year $293,300 $182,410 444,140 402,560 100,560 44,030 159,220 94,350 335,200 251,600 100,560 88,060 243,020 194,990 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 year year Amount Percent Current Previous Previous Current assets $293,300 year Amount % $182,410 year Percent % Property, plant, and equipment 444,140 % 402,560 % Intangible assets 100,560 % 44,030 %
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