Current Attempt in Progress Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,770 $8,770 1,820 1,800 Property, plant, and equipment (net) Other assets Total assets 1,600 1,740 $13,190 $12,310 Liabilities and Stockholders' Equity $3,262 $3,340 1,274 1,380 Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 8,654 7,590 $13,190 $12,310 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 29 2 base. (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, e.g. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2021 Assets Current Assets $9.770 $8,770 $ Property, plant, and equipment (net) 1,820 1,800 Other assets 1,600 1,740 5 $13,190 $12,310 $ $3,262 $3,340 $ Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' 1.274 1,380 95 8,654 7,590 $13,190 $12,310 $ equity (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current Assets $9,770 %6 Property, plant and equipment (net) 1,820 Other assets 1,600 95 Total assets $13,190 Liabilities and Stockholders' Equity Current Liabilities $3,262 o Long-term Liabilities 1,274 Stockholders' equity 8,654 Total liabilities and stockholders' equity $13,190 96