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 $12,320 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. Of amount and percentage are a decrease show the numbers as negative, es.-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, eg. 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,880 $8,900 $ Property, plant, and equipment 1,840 1,800 (net) Other assets Total assets 1,530 1.620 $13.250 $12,320 $ Percentage Increase Change (Decrease) from 2021 Total assets Liabilities and Stockholders' $13,250 $12,320 $ 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 $ (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity $ (in millions) Percent $9.880 1,840 1.530 % $13,250 Current Liabilities $3,260 Long-term Liabilities 1.250 Stockholders' equity 8,740 % Total liabilities and stockholders' equity $13.250