NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets $8,760 1.830 1,640 $12,230 Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $9.680 2,040 1,490 $13.210 $3.267 1.276 8,667 $13.210 $3,310 1.370 7.550 $12.230 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (if amount and percentage are a decrease show the numbers as negative, es-55,000.-20% or (55,000). (20%). Round percentages to 1 decimal place, eg 12.5%) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) Increase Percentage 2022 2021 Change (Decrease) from 2021 Assets Current Assets $9.680 $8,760 5 % Property, plant, and equipment 1,830 (net) Other assets 1.490 1.640 % 2040 $13.210 $12.230 $ $ % $3.267 $3,310 $ Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders equity 1.276 1.370 % 8.667 7,550 % $13.210 $12,230 $ % (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022 a NIKE, INC. Condensed Balance Sheet V $ (in millions ) Percent Assets Current Assets $9.680 2,040 % Property, plant, and equipment (net) Other assets 1,490 % $13,210 % Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term Liabilities $3.267 % 1.276 % 8.667 % Stockholders' equity ' Total liabilities and stockholders' equity $13,210