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K Corp reported the following amounts on its balance sheet as of December 31, 2025: 2025 Cash and Receivables $ 50,000 Merchandise Inventory 185,000 Property,

K Corp reported the following amounts on its balance sheet as of December 31, 2025:
2025
Cash and Receivables
$ 50,000
Merchandise Inventory
185,000
Property, Plant and Equipment, net
800,000
Total Assets
2,050,000
Total Liabilities
500,000
For the vertical analysis, what is the percentage of total liabilities for December 31, 2025? (Round your answer to two decimal places.)

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