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Perform a vertical analysis on the following information: (Round your answers to 1 decimal place. Due to rounding, the percentages may not add up to

Perform a vertical analysis on the following information: (Round your answers to 1 decimal place. Due to rounding, the percentages may not add up to exactly 100%.)

2021 2020
Cash $ 590,000 $ 290,000
Accounts receivable 940,000 730,000
Inventory 720,000 510,000
Long-term assets 2,300,000 2,600,000
Total assets $ 4,550,000 $ 4,130,000

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