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Reliable Moving Company reported the following amounts on its balance sheet as of December 31, 2019 and December 31, 2018: 2019 2018 Cash and Receivables

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Reliable Moving Company reported the following amounts on its balance sheet as of December 31, 2019 and December 31, 2018: 2019 2018 Cash and Receivables $145,000 $85,000 Merchandise Inventory 165,000 220,000 Property, Plant and Equipment, net 800,000 730,000 Total Assets $1,110,000 $1,035,000 Total Liabilities $515,000 $405,000 For the vertical analysis, what is the percentage of total liabilities for December 31, 2018? (Round your answer to two decimal places.) O A. 39.13% OB. 20.99% OC. 46.4% D. 100%

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