help please, and if you can show at least a little bit of work that would help me understand.

Required information (The following information applies to the questions displayed below.) The balance sheets for Federer Sports Apparel for 2022 and 2021 are presented below. Required: 1. Prepare a vertical analysis of the balance sheet data for 2022 and 2021. Express each amount as a percentage of assets. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.) FEDERER SPORTS APPAREL Balance Sheet December 31 W 2022 Amount 2021 Amount % % Assets $ 2,370,000 1,215,000 4,275,000 8,460,000 (1,320,000) $ 15,000,000 $ 948,000 972,000 2,280,000 8,460,000 (660,000) $ 12,000,000 Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ $ 1,500,000 1,725,000 1,470,000 6,000,000 5,805,000 15,000,000 6,000,000 4,500,000 $ 12,000,000 $ fine following information applies to the questions displayed below.) The balance sheets for Federer Sports Apparel for 2022 and 2021 are presented below. 2. Prepare a horizontal analysis for 2022 using 2021 as the base year. (Note: If the percentage increase or decre calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage place.) Increase (Decrease) Amount FEDERER SPORTS APPAREL Balance Sheet December 31 Year 1 2022 2021 Assets Cash $ 2,370,000 $ 948,000 Accounts receivable 1,215,000 972,000 Inventory 4,275,000 2,280,000 Buildings 8,460,000 8,460,000 Less: Accumulated depreciation (1,320,000) (660,000) Total assets $ 15,000,000 $ 12,000,000 Liabilities and Stockholders' Equity Accounts payable $ 1,725,000 $ 1,500,000 Contingent liability 1.470,000 U 6 ,000,000 6,000,000 Common stock 5,805,000 4,500,000 Retained earnings $ 15,000,000 $ 12,000,000 Total liabilities and stockholders' equity