Required: 1. Prepare a vertical analysis of Sports Unlimited's 2021 and 2020 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 percentage answers to 1 decimal place.) Assets SPORTS UNLIMITED Balance Sheets For the years ended December 31 2021 Amount 2020 Amount % Current assets: Cash $ 217,800 $ 148,000 Accounts receivable 101,700 51,200 Inventory 91,800 159,200 Prepaid rent Long-term assets: 28,800 14,400 Investment in bonds 100,800 0 Land 191,700 253,600 Equipment 213,300 201,600 Less: Accumulated depreciation (45,900) (28,000) Total assets $ 900,000 $ 800,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 59,400 $ 84,800 Interest payable 28,800 14,400 Income tax payable Long-term liabilities: Notes payable Stockholders' equity: 15,300 15,200 301,500 280,000 Common stock 288,000 288,000 Retained earnings 207,000 117,600 Total liabilities and stockholders' equity $ 900,000 $ 800,000