Required: 1. Prepare a vertical analysis of the balance sheet data for 2022 and 2021. Express each amount as a percer assets. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal FEDERER SPORTS APPAREL Balance Sheet December 31 2022 Amount 2021 Amount Assets Cash $ 2,430,000 1,530,000 3,438,000 12,834,000 (2,232,000) $ 18,000,000 759,500 1,193,500 1,829,000 12,834,000 (1.116,000) $ 15,500,000 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 $ $ 1,968,500 1,602,000 1,764,000 7,254,000 7,380,000 18,000,000 7,254,000 6,277,500 15,500,000 $