Required: 1. Prepare a vertical analysis of Fantasy Football's 2015 and 2014 balance sheets. Express each amount as a percentage of total assets for that year. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.) FANTASY FOOTBALL Balance Sheet For the Years Ended December 31, 2015 and 201 2015 2014 0 Amount Amount 0 Assets Current assets: Cash Accounts receivable Inventory Supplies 189,000 819,000 2,344,500 202,500 252,000 1,205,400 1,428,000 117,600 Long-term assets: Equipment 1,449,000 (504,000) $4,500,000 1,449,000 (252,000) $4,200,000 Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable 157,500 0 63,000 121,800 4,200 63,000 Long-term liabilities: Notes payable 1,386,000 1,386,000 Stockholders' equity: 945,000 1,948,500 4,500,000 945,000 1,680,000 $4,200,000 Common stock Retained earnings Total liabilities and stockholders' equity $