Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 (\$ in millions) Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $(inmillions) Percent Assets Current Assets $9,630 % Property, plant, and equipment (net) % Total assets Liabilities and Stockholders' Equity Current Liabilities $3,240 % Long-term Liabilities 1,260 % Stockholders' equity % Total liabilities and stockholders' equity 8,630$13,160 Hypothetical balance sheets of Nike, Inc. are presented here. NIKE, INC. Condensed Balance Sheet May 31 (\$ in millions) Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $(inmillions) Percent Assets Current Assets $9,630 % Property, plant, and equipment (net) % Total assets Liabilities and Stockholders' Equity Current Liabilities $3,240 % Long-term Liabilities 1,260 % Stockholders' equity % Total liabilities and stockholders' equity 8,630$13,160