Question 6 Fig Company reported the following amounts on its balance sheet as of December 31, 20x9 and December 31, 20X8: 2019 2018 Cash and Receivables $175,000 $95,000 Merchandise Inventory 155,000 170,000 Property. Plant and Equipment, net 770,000 800,000 Total Assets $1,100,000 $1,065,000 Total Liabilities $455,000 $385,000 For the vertical analysis, what is the percentage of total liabilities for December 31, 20X8? 24.68% 100.00% 36.15% 41.36%