Presented below is the comparative balance sheet for Concord Company.

Concord Company Comparative Balance Sheet As of December 31, 2021 and 2020
		December 31
		2021			2022
Assets
Cash		$178,400			$277,400
Accounts receivable (net)		218,900			156,300
Short-term investments		271,200			151,500
Inventories		1,068,100			980,700
Prepaid expenses		25,000			25,000
Plant & equipment		2,597,900			1,964,800
Accumulated depreciation		(1,008,200)			(745,200)
		$3,351,300			$2,810,500
Liabilities and Stockholders Equity
Accounts payable		$49,500			$74,400
Accrued expenses		169,600			199,200
Bonds payable		450,500			190,000
Capital stock		2,093,700			1,776,800
Retained earnings		588,000			570,100
		$3,351,300			$2,810,500

Part 1

Prepare a comparative balance sheet of Concord Company showing the percent each item is of the total assets or total liabilities and stockholders equity. (Round percentages to 2 decimal places, e.g. 2.25%.)

CONCORD COMPANY Comparative Balance Sheet December 31, 2021 and 2020
		December 31
Assets		2021						2020
Cash		$178,400			enter percentages rounded to 2 decimal places	%		$277,400			enter percentages rounded to 2 decimal places	%
Accounts receivable (net)		218,900			enter percentages rounded to 2 decimal places	%		156,300			enter percentages rounded to 2 decimal places	%
Short-term investments		271,200			enter percentages rounded to 2 decimal places	%		151,500			enter percentages rounded to 2 decimal places	%
Inventories		1,068,100			enter percentages rounded to 2 decimal places	%		980,700			enter percentages rounded to 2 decimal places	%
Prepaid expenses		25,000			enter percentages rounded to 2 decimal places	%		25,000			enter percentages rounded to 2 decimal places	%
Plant and equipment		2,597,900			enter percentages rounded to 2 decimal places	%		1,964,800			enter percentages rounded to 2 decimal places	%
Accumulated depreciation		(1,008,200	)		enter percentages rounded to 2 decimal places	%		(745,200	)		enter percentages rounded to 2 decimal places	%
Total		$3,351,300			enter percentages rounded to 2 decimal places	%		$2,810,500			enter percentages rounded to 2 decimal places	%
Liabilities and Stockholders Equity
Accounts payable		$49,500			enter percentages rounded to 2 decimal places	%		$74,400			enter percentages rounded to 2 decimal places	%
Accrued expenses		169,600			enter percentages rounded to 2 decimal places	%		199,200			enter percentages rounded to 2 decimal places	%
Bonds payable		450,500			enter percentages rounded to 2 decimal places	%		190,000			enter percentages rounded to 2 decimal places	%
Capital stock		2,093,700			enter percentages rounded to 2 decimal places	%		1,776,800			enter percentages rounded to 2 decimal places	%
Retained earnings		588,000			enter percentages rounded to 2 decimal places	%		570,100			enter percentages rounded to 2 decimal places	%
Total		$3,351,300			enter percentages rounded to 2 decimal places	%		$2,810,500			enter percentages rounded to 2 decimal places	%

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Part 2

Prepare a comparative balance sheet of Concord Company showing the dollar change and the percent change for each item. (If there is a decrease from 2020 to 2021, then enter the amounts and percentages with either a negative sign, i.e. -92,000, -25.25 or parenthesis, i.e. (92,000), (25.25).)

CONCORD COMPANY Comparative Balance Sheet December 31, 2021 and 2020
		December 31						Increase or (Decrease)
Assets		2021			2020			$ Change		% Change
Cash		$178,400			$277,400			$enter a dollar amount		enter percentages	%
Accounts receivable (net)		218,900			156,300			enter a dollar amount		enter percentages	%
Investments		271,200			151,500			enter a dollar amount		enter percentages	%
Inventories		1,068,100			980,700			enter a dollar amount		enter percentages	%
Prepaid expenses		25,000			25,000			enter a dollar amount		enter percentages	%
Plant and equipment		2,597,900			1,964,800			enter a dollar amount		enter percentages	%
Accumulated depreciation		(1,008,200	)		(745,200	)		enter a dollar amount		enter percentages	%
Total		$3,351,300			$2,810,500			$enter a dollar amount		enter percentages	%
Liabilities and Stockholders Equity
Accounts payable		$49,500			$74,400			$enter a dollar amount		enter percentages	%
Accrued expenses		169,600			199,200			enter a dollar amount		enter percentages	%
Bonds payable		450,500			190,000			enter a dollar amount		enter percentages	%
Capital stock		2,093,700			1,776,800			enter a dollar amount		enter percentages	%
Retained earnings		588,000			570,100			enter a dollar amount		enter percentages	%
Total		$3,351,300			$2,810,500			$enter a dollar amount		enter percentages	%