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 $ 9,840 $8,200 Property, plant, and equipment (net) 1,802 1,700 Other assets 1,615 1.700 Total assets $13,257 $11,600 Liabilities and Stockholders' Equity Current liabilities $3,366 $3,400 Long-term liabilities 1,344 1,400 Stockholders' equity 8,547 6,800 Total liabilities and stockholders' equity $13,257 $11,600 (a) (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (Show the amount of increase or decrease as well) (Enter amounts in millions, Enter negative amounts and percentages using either a negative sign preceding the number 0.8,-45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, c.8. 12.3%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) Increase 2022 2021 (Decrease) Percentage Change from 2021 Assets Current assets $9.840 $8,200 Property, plant & equipment (net) 1.802 1.700 Other assets 1,615 1.700 Total Assets $13,257 $11,600 $ Liabilities and Stockholders' Equity $3.366 Current liabilities $3,400 S Current liabilities $3,366 $3,400 $ Long-term liabilities 1,344 1,400 8.547 6,800 Stockholders equity Total liabilities and Stockholders' Equity $13,257 $11,600 $ (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. (Round percentages to 1 decimal place, es 12,3%) NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current assets 59.840 1.802 Property, plant, and equipment (net) th 1,615 Condensed Balance Sheet Percent $ (in millions) Assets % $9,840 Current assets 9 1.802 Property, plant, and equipment (net) % 1.615 Other assets % $13,25 Total Assets Liabilities and Stockholders' Equity $3,366 % Current liabilities % 1.344 Long-term liabilities % Stockholders' equity 8,547 $13,257 %6 Total liabilities and Stockholders' Equity