Empire Moving Company reported the following amounts on its balance sheet as of December 31, 2016 and December 31, 2017: For the vertical analysis, what is the percentage of total liabilities for December 31 , 2016? (Round your answer to two decimal places.) Supporting Materials 100.00% 41.52% 36.26% 41.18% The following is a summary of information presented on the financial statements of a company on December 31, 2017. With respect to long-term liabilities, a horizontal analysis reveals Supporting Materials long-term liabilities decreased by $14,000 long-term liabilities decreased by 24.56% long-term liabilities decreased by 24.53% long-term liabilities decreased by $7,000