Matrah Company Comparative Condensed Statements of Financial Position December 31 2018 2017 Equipment 30,000 85,000 Notes Payable 140,000 138,000 Shareholders' Equity 13,500 67,000 Building 117,000 110,000 Cash 100,000 70,000 Accounts Payable 93,500 60,000 Using Vertical Analysis for 2017, the component% for Accounts Payable is: Select one: O a. 22.64% b. 29.64% Oc24.64% d. None of the answers are correct e. 17.45%