Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,500 $8,880 Property, plant, and equipment (net) 1,950 1,830 Other assets 1,530 1,640 Total assets $12,980 $12,350 Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,200 $3,300 1,250 1,270 8,530 7,780 $12,980 $12,350 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.5%.) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,500 $8,880 $ Property, plant, and equipment 1,950 1,830 (net) Other assets 1,530 1,640 Total assets Liabilities and Stockholders' Increase (Decrease) Percentage Change from 2021 % % % $12,980 $12,350 $ % Equity Current Liabilities $3,200 $3,300 $ % Long-term liabilities 1,250 1,270 % Stockholders' equity 8,530 7,780 % Total liabilities and stockholders' $12,980 $12,350 $ % equity (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022 NIKE, INC. Condensed Balance Sheet Assets Current Assets $ (in millions) Percent $9,500 % Property, plant, and equipment (net) 1,950 % Other assets 1,530 % Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term Liabilities Stockholders' equity $12,980 % $3,200 % 1,250 % 8,530 % Total liabilities and stockholders' equity $12,980 %