Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions 2022 2021 Assets Current Assets $9,630 $8,860 Property, plant, and equipment (net) 2,000 1,860 Other assets 1,530 1,610 Total assets $13,160 $12,330 Liabilities and Stockholders' Equity Current Liabilities $3,240 $3.390 Long-term liabilities 1,260 1,290 Stockholders' equity 8,630 7,650 Current Assets $9,630 $8.860 Property, plant, and equipment (net) 2,000 1.860 Other assets 1,530 1,610 Total assets $13,160 $12,330 Liabilities and Stockholders' Equity Current Liabilities $3,240 $3.390 Long-term liabilities 1.260 1,290 Stockholders' equity 8,630 7,650 Total liabilities and stockholders' equity $13,160 $12,330 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.5%.) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2021 Assets $9,630 Current Assets $8,860 $ % Property, plant, and equipment (net) 2,000 1,860 % Other assets 1.530 1,610 % Total assets $13,160 $12,330 $ % Liabilities and Stockholders' Equity Current Liabilities $3,240 $3,390 $ % Long-term liabilities 1,260 1,290 % Stockholders' equity 8.630 7,650 % Total liabilities and stockholders equity $13,160 $12,330 % (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. $ (in millions) Percent Assets Current Assets $9,630 % Property, plant, and equipment (net) 2,000 % Other assets 1,530 % Total assets $13,160 % Liabilities and Stockholders' Equity Current Liabilities $3,240 % Long-term Liabilities 1,260 % Stockholders' equity 8,630 % Total liabilities and stockholders' equity $13,160 % ON