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