Capitol Optical Company reported the following amounts on its balance sheet at December 31, 2024 and 2023: (Click the icon to view the amounts.) Prepare a vertical analysis of Capitol's assets for 2024 and 2023. Begin by preparing a vertical analysis of Capitol's assets for 2024, then prepare a vertical analysis for 2023. (Round the percent of total amounts to one decimal place, X.X%.) Capitol Optical Company Balance Sheet (partial) December 31, 2024 and 2023 2024 Percent of Total Cash and Receivables $ 68,475 % Merchandise Inventory 61,600 % Data table Property, Plant and Equipment, Net 144,925 % $ 275,000 Total Assets % 2024 2023 Cash and Receivables $ 68,475 $ 63,360 Merchandise Inventory 61,600 50,160 Property, Plant, and Equipment, Net 144,925 126,480 $ 275,000 $ 240,000 Total Assets - X