Prepare a vertical analysis of Sports Unlimited's 2024 and 2023 balance sheets. Express each amount as a percentage of total assets for that year. (Amounts to be deducted should be indicated by a minus sign. Round your percentage answers to 1 decimal place.)

Required information Problem 12-3A (Algo) Perform vertical and horizontal analysis (L012-1, 12-2) [The following information applies to the questions displayed below.] The balance sheets for Sports Unlimited for 2024 and 2023 are provided below. Problem 12-3A (Algo) Part 1 Required: . Prepare a vertical analysis of Sports Unlimited's 2024 and 2023 balance sheets. Express each amount as a percentage of total assets for that year. (Amounts to be deducted should be indicated by a minus sign. Round your percentage answers to 1 decimal Dlace.) SPORTS UNLIMITED Balance Sheets For the Years Ended December 31 \begin{tabular}{|c|c|c|c|c|} \hline \multirow[b]{3}{*}{ Assets } & \multicolumn{2}{|c|}{2024} & \multicolumn{2}{|c|}{2023} \\ \hline & Amount & % & Amount & % \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Current assets: } \\ \hline Cash & 126,000 & & 86,000 & \\ \hline Accounts receivable & 68,400 & & 35,500 & \\ \hline Inventory & 70,800 & & 93,500 & \\ \hline Prepaid rent & 9,000 & & 4,500 & \\ \hline \multicolumn{5}{|l|}{ Long-term assets: } \\ \hline Investment in bonds & 77,400 & & 15,200 & \\ \hline Land & 159,000 & & 168,000 & \\ \hline Equipment & 142,800 & & 139,500 & \\ \hline Less: Accumulated depreciation & (53,400) & & (27,000) & \\ \hline Total assets & 600,000 & & 515,200 & \\ \hline \multicolumn{5}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline Current liabilities: & & & & \\ \hline \end{tabular}