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 $ 8,790 Property, plant, and equipment (net) 2,020 1,860 Other assets 1,540 1,780 Total assets $ 13,190 $ 12,430 Liabilities and Stockholders' Equity Current Liabilities $ 3,262 $ 3,400 Long-term liabilities 1,274 1,350 Stockholders' equity 8,654 7,680 Total liabilities and stockholders' equity $ 13,190 $ 12,430 (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 Increase (Decrease) Percentage Change from 2021 Assets Current Assets % 9.630 8,790 Property, plant, and equipment (net) 2.020 1.860 Other assets 1.540 1,780 Total assets $ 13,190 $ 12,430 $ Liabilities and Stockholders' Equity Current Liabilities $ 3,400 3.262 Long-term liabilities 1.274 1,350 % Stockholders' equity 8,654 7,680 % Total liabilities and stockholders' equity $ % 13.190 12.430 (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current Assets $ 9,630 % Property, plant, and equipment (net) 2.020 % Other assets 1.540 % Total assets $ 13,190 % Liabilities and Stockholders' Equity Current Liabilities $3,262 96 Long-term Liabilities 1.274 96 Stockholders' equity 8.654 % 26 Total liabilities and stockholders' equity $ 13.190 %