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Create a vertical analysis fore balance sheets and income statements ALLENDALE COMPANY Balance Sheets As of December 31 Liabilities and Stockholders' Equity Preferred stock (par

image text in transcribedimage text in transcribedCreate a vertical analysis fore balance sheets and income statements

ALLENDALE COMPANY Balance Sheets As of December 31 Liabilities and Stockholders' Equity Preferred stock (par value $ 10, 4% cumulative nonparticipating: 8,000 shares authorized and Common stock (no par, 50,000 shares authorized; 132,000 equity Total liabilities and stockholders' equity $540,000

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