Miami Optical Company reported the following amounts on its balance sheet at December 31, 2024 and 2023: (Click the icon to view the amounts.) Prepare a vertical analysis of Miami's assets for 2024 and 2023. Begin by preparing a vertical analysis of Miami's assets for 2024, then prepare a vertical analysis for 2023. (Round the percent of total amounts to one decimal place, X.X%.) Miami Optical Company Balance Sheet (partial) December 31, 2024 and 2023 Data table 2024 Percent of Total Cash and Receivables $ 75,690 % 2024 2023 Merchandise Inventory 61,480 % Cash and Receivables $ 75,690 $ 70,560 Property, Plant and Equipment, Net 152,830 % Merchandise Inventory $ 290,000 Total Assets % 61,480 152,830 48,510 125,930 Property, Plant, and Equipment, Net $ 290,000 $ 245,000 Total Assets Print Done