Required: 1. Prepare a vertical analysis of the balance sheet data for 2025 and 2024. 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 pla Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity FEDERER SPORTS APPAREL Balance Sheet December 31 2025 Amount 2024 Amount $ 2,370,000 1,215,000 $ 937,500 1,012,500 3,540,000 9,225,000 2,000,000 9,225,000 (1,350,000) (675,000) $ 15,000,000 $ 12,500,000 $ 1,725,000 1,470,000 6,000,000 5,805,000 $ 15,000,000 $ 1,500,000 1,030,000 6,000,000 3,970,000 $ 12,500,000