NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets $9,500 $8,700 Current Assets Property, plant, and equipment (net) Other assets 1,800 1,900 1,450 $12,850 1,600 $12,100 $3,300 Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $3,178 1,241 8,431 1,290 7,510 $12,100 $12,850 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.5%.) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Increase (Decrease) Percentage Change from 2021 Assets Current Assets $9,500 $8,700 $ % Property, plant, and equipment (net) 1,900 1,800 % Other assets 1,450 1,600 % Total assets $12,850 $12,100 $ % Liabilities and Stockholders' Equity Current Liabilities $3,178 $3,300 $ % Long-term liabilities 1,241 1,290 % Stockholders' equity 8,431 7,510 % Total liabilities and stockholders' equity $12,850 $12,100 $ % (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current Assets $9,500 % Property, plant, and equipment (net) 1,900 % Other assets 1,450 % Total assets $12,850 % Liabilities and Stockholders' Equity Current Liabilities $3,178 % Long-term Liabilities 1,241 % Stockholders' equity 8,431 % Total liabilities and stockholders' equity $12,850 %