Required information 2020 2021 Amount % Amount % Assets Current assets: $ Cash $ 103,050 62,550 50,850 7,200 78,400 31,600 70,000 3,600 0 54,450 96,300 102,150 (26,550) 450,000 134,400 101,200 (19,200) 400,000 $ Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity $ 42,300 7,200 12,150 51,600 3,600 8,000 117,900 114,000 144,000 126,450 450,000 144,000 78,800 400,000 $ $ co Dron Moyt Required information The following information applies to the questions displayed below.) The balance sheets for Sports Unlimited for 2021 and 2020 are provided below. 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.)