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.) % SPORTS UNLIMITED Balance Sheets For the years ended December 31 2021 2020 Amount % Amount Assets Current assets: Cash $ 103,0501 $ 78,4001 Accounts receivable 62,550 31,600 Inventory 50,850 70,000 Prepaid rent 7,200 3,600 Long-term assets: Investment in bonds 54,450 Land 96,300 134,400 Equipment 102,150 101,200 Less: Accumulated (26,550) (19,200) depreciation Total assets $ 450,000 | $ 400,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 42,300 $ 51,600 Interest payable 7,200 3,600 Income tax payable 12,150 8,000 Long-term liabilities: Notes payable 117,900 114,000 Stockholders' equity: Common stock 144,000 144,000 Retained earnings 126,450 78,800 Total liabilities and stockholders' $ 450.000 $ 400,000 equity