Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,880 $8,900 Property, plant, and equipment (net) 1,840 1,800 Other assets 1,530 1,620 Total assets $13,250 $12,320 Liabilities and Stockholders' Equity Current Liabilities $3,260 $3,380 Long-term liabilities 1,250 1,300 Stockholders' equity 8,740 7,640 Total liabilities and stockholders' equity $13,250 $12,320 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. 55,000, 20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.5%.) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) Percentage Increase 2022 2021 (Decrease) Change from 2021 Assets NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2021 Assets Current Assets $9,880 $8,900 % Property, plant, and equipment (net) 1,840 1,800 % Other assets 1,530 1,620 % $13,250 $12,320 $ % Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities $3,260 $3,380 % 1,250 1,300 % Stockholders' equity 8,740 7,640 % Total liabilities and stockholders' equity $13,250 $12,320 % (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets $9,880 % Current Assets 1,840 % Property, plant, and equipment (net) 1,530 % Other assets $13,250 % Total assets Liabilities and Stockholders' Equity $3,260 % Current Liabilities 1,250 % Long-term Liabilities 8,740 % Stockholders' equity $13,250 Total liabilities and stockholders' equity %