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Determine what is missing: The balance sheets for Fantasy Football for 2021 and 2020 are provided below. Required: 1. Prepare a vertical analysis of Fantasy

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Determine what is missing:
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The balance sheets for Fantasy Football for 2021 and 2020 are provided below. Required: 1. Prepare a vertical analysis of Fantasy Football's 2021 and 2020 balance sheets. Express each amount as a percentage of total assets for that year (Amounts to be deducted should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) FASTADTY FOOTBALL Dalance December 31 2020 Amount Anoord Assets Current assets $ $ 338.000 1.475,500 3315,000 279,500 426.000 1,728.000 2,078,000 210,000 2,028,000 (836,000) $ 6.500.000 2,028,000 (468,000) $ 6,000,000 Cash Accounts receivable Inventory Supplies Long-term assets Equipment Loss: Accumulated depreciation Total assets Llabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notos payable Stockholders' equity Common stock Retained earnings Total liabilities and stockholders' equity $ $ 279,500 0 78,000 150,000 8,000 78,000 1.248.000 1,248,000 1,344,000 3,550,500 $ 6,500,000 1,344,000 3,174,000 $6,000,000 The balance sheets for Fantasy Football for 2021 and 2020 are provided below. 2. Prepare a horizontal analysis of Fantasy Football's 2021 balance sheet using 2020 as the bose year. (Negative amounts and Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) FANTASY FOOTILALL Balance sheets December 31 Ye 2021 Increas Deco) Amourd 2020 $ 338,000 $ 1.475,500 3.315.000 279,500 426,000 1,728.000 2,076,000 210,000 2,028,000 2,028,000 (936,000) (468,000) $ 8,500,000 $ 6,000,000 Assets Current assots: Cash Accounts receivable Inventory Supplies Long-term assots: Equipment Loss: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payablo Income tax payable Long-term liabilities: Notes payable Stockholders' equity Common stock Retained earnings Total liabilities and stockholders' equity $ 279,500 $ 0 150,000 6,000 78,000 78,000 1,248,000 1,248,000 1,344,000 1,344,000 3,550,500 3,174,000 $ 6,500,000 $ 6,000,000

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