Required: 1. Prepare a vertical analysis of the balance sheet data for 2022 and 2021. Express each amount as a percentage of total assets. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.) FEDERER SPORTS APPAREL Balance Sheet December 31 2022 Amount 2021 Amount 91 Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earrings Total liabilities and stockholders equity $ 1,712,500 1.175,000 2,862,500 8,250,000 (1.500.000) $ 12,500,000 $ 600,000 780,000 1,120,000 8,250,000 (750,000) $10.000.000 $1,300,000 $ 1.237.500 1.200.000 5.100.000 4,962,500 $ 12.500.000 5.100.000 3,600,000 $10,000,000