Complete this question by entering your answers in the tabs below. Req 1aReq 1bAnalyze Complete both a horizontal and a vertical analysis of comparative balance sheet for the years 2022 and 2021. (Round your percentage answers to 1 decimal place. i.e., 0.123 should be entered as 12.3. Decreases in amounts and percents should be indicated with a minus sign.) The Stair Company Comparative Balance Sheet For Years Ended December 31, 2022 and 2021 Amounts Percent of total assets Increase or (Decrease) Account name 2022 2021 2022 2021 Amount Percent Assets Current Assets Cash $110,000 $46,000 % % % Accounts Receivable 96,100 88,000 % % % Merchandise Inventory 88,200 85,400 % % % Prepaid Expenses 9,600 6,000 % % % Supplies 1,200 600 % % % Total Current Assets $305,100 $226,000 % % $0 % Property, Plant, and Equipment Land $76,000 $76,000 % % % Building and Store Equipment 83,000 83,000 % % % Less Accumulated DepreciationBldg & Store Equipment (28,000) (21,000) % % % Net Book ValueBuilding and Store Equipment $55,000 $62,000 % % % Total Property, Plant, and Equipment 131,000 138,000 % % % Total Assets $436,100 $364,000 % % $0 % Liabilities and Stockholders Equity Current Liabilities Accounts Payable $28,100 $58,000 % % % Sales Tax Payable 1,100 4,000 % % % Payroll Taxes Payable 1,200 1,000 % % % Interest Payable 1,100 6,000 % % % Total Current Liabilities $31,500 $69,000 % % $0 % Long-Term Liabilities Mortgage Payable 40,100 46,000 % % % Total Long-Term Liabilities $40,100 $46,000 % % % Total Liabilities $71,600 $115,000 % % $0 % Stockholders Equity Common Stock ($1 par, 10,000 shares authorized; 10,000 shares issued and outstanding) $10,000 $10,000 % % % Paid-in CapitalCommon Stock 10,000 10,000 % % % Retained Earnings 344,500 229,000 % % % Total Stockholders Equity $364,500 $249,000 % % $0 % Total Liabilities and Stockholders Equity $436,100 $364,000 % % $0 %