Prepare a vertical analysis of The Sports Shack's 2024 and 2023 balance sheets. Express each amount as a percentage of total assets for that year. Note: Amounts to be deducted should be indicated by a minus sign. Round your percentage answers to 1 decimal place. Assets Current assets: Cash Accounts receivable Inventory Supplies Long-term assets: Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity THE SPORTS SHACK Balance Sheets December 31 $ Amount 2024 $ 204,000 756,000 2,188,000 180,000 1,120,000 (448,000) $ 4,000,000 124,000 0 84,000 1,148,000 763,000 1,881,000 $ 4,000,000 Percentage $ Amount 2023 $ 304,500 987,000 1,193,500 119,000 1,120,000 (224,000) $ 3,500,000 80,500 3,500 84,000 1,148,000 763,000 1,421,000 $ 3,500,000 Percentage

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