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Complete this question by entering your answers in the tabs below. Prepare a vertical analysis of the balance sheets for Year 4 and Year 3

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Complete this question by entering your answers in the tabs below. Prepare a vertical analysis of the balance sheets for Year 4 and Year 3 , Note: Percentages may not add exactly due to rounding. Round your answers to 2 decimal places, (1.e., 2345 should be entered as 23.45). \begin{tabular}{|c|c|c|c|c|} \hline Total assets & $582,700 & & $525,000 & \\ \hline \multicolumn{5}{|l|}{ Liabilites and stockholders' equity } \\ \hline \multicolumn{5}{|l|}{ Liabilities } \\ \hline \multicolumn{5}{|l|}{ Current liabilities } \\ \hline Notes payable & $16,800 & & $4.400 & E \\ \hline Accounts payable & 112,800 & & 99,800 & \\ \hline Salaries payable & 20,300 & & 14,3002 & \\ \hline Total current liabilities & 149,900 & & 118,500 & \\ \hline \multicolumn{5}{|l|}{ Noncurrent liabilities } \\ \hline Bonds payable & 98,900 & & 98,900 & \\ \hline Other & 31,000 & & 25,100 & \\ \hline Total noncurrent liabilities & 129,900 & & 124.0007 & \\ \hline Total liabilities & 279,800 & & 242,500 & \\ \hline \multicolumn{5}{|l|}{ Stockholders' equity } \\ \hline \begin{tabular}{l} Preferred stock (par value $10,4% cumulative, \\ nomparticipating, 7,300 shares authonized and issued) \end{tabular} & 73,000 & & 73,000 & \\ \hline \begin{tabular}{l} Common stock (no par, 50,000 shares authonzed, \\ 10.000 shares issued) \end{tabular} & 73,000 & & 73000 & \\ \hline Retained earnings & 156.900 & & 136,500 & \\ \hline Total stockhoiders' equity & 302,900 & & 282,500 & \\ \hline Total liabilities and stockholders' equity & S 582.700 & s & $525,000 & % \\ \hline \end{tabular} Income statement Prepare a vertical analysis of the income statements for Year 4 and Year 3. Note: Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (he., 2345 should be entered as 23,45)

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