Prepare a vertical analysis of the balance sheet data for 2022 and 2021. Express each amount as a percentage of total assets.

FEDERER SPORTS APPAREL Balance Sheet December 31 2022 2021 Amount % Amount % Assets Cash $ Accounts receivable Inventory Buildings Less: Accumulated depreciation 2,756,500 1,720,500 3,367,000 13,024,000 (2,368,000) 18,500,000 $ 896,000 1,232,000 2,032,000 13,024,000 (1,184,000) $ 16,000,000 Total assets $ $ $ 1,792,000 Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity 1,591,000 1,850,000 7,696,000 7,363,000 18,500,000 7,696,000 6,512,000 $ 16,000,000 $