Hypothetical comparative condensed balance sheets of Nike, Inc. are presented here. Nike, Inc. Condensed Balance Sheets May 31 ($ in millions) 2022 2021 Assets Current assets $9,102 $ 8,200 Property, plant, and equipment (net) 1,890 1,800 Other assets 1,653 1,900 Total assets $12,645 $11,900 Liabilities and Stockholders' Equity Current liabilities $3,564 $3,600 Long-term liabilities 1,164 1,200 Stockholders' equity 7,917 7,100 Total liabilities and stockholders' equity $12,645 $11,900 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (Show the amount of increase or decrease as well.) (Enter amounts in millions. Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45,-45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) NIKE, INC. Condensed Balance Sheet For the Quarter Ended May 31 ($ in millions) 2022 2021 Assets Current assets $9,102 $8,200 Property, plant & equipment (net) 1,890 1,800 Other assets 1,653 1,900 Total Assets Liabilities and Stockholders' Equity Increase (Decrease) 920 90 -217 Percentage Change from 2021 11.2 5 -114 $12,645 $11,900 $ 745 6.2 Current liabilities $3,564 $3,600 $ -36 1 Long-term liabilities 1,164 1,200 -36 3 Stockholders' equity 7,917 7,100 817 11.5 Total liabilities and Stockholders' Equity $12,645 $11,900 $ 745 6.3 (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. (Round percentages to 1 decimal place, e.g. 12.3%.) NIKE, INC. Condensed Balance Sheet For the Quarter Ended May 31, 2022 Assets $ (in millions) Percent Current assets $9,102 72.1 % Property, plant, and equipment (net) 1,890 14.9 % Other assets 1,653 13.1 % Total Assets $12,645 100 % Liabilities and Stockholders' Equity Current liabilities $3,564 28.2 % Long-term liabilities 1,164 9.2 % Stockholders' equity 7,917 62.6 % Total liabilities and Stockholders' Equity $12,645 100 %