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.) SPORTS UNLIMITED Balance Sheets For the years ended December 31 2021 2020 Amount Amount Assets Current assets $206,150 119,700 102,600 32,300 $144,500 60,350 157,250 16,150 Cash Accounts receivable Inventory Prepaid rent Long-term assets 129,200 198,550 211,850 (50,350) $950,000 Investment in bonds Land Equipment Less: Accumulated depreciation 0 305,150 207,400 (40,800) $850,000 Total assets Liabilities and Stockholders' Equity Current liabilities $122,400 16,150 15,300 Accounts payable Interest payable Income tax payable 93,100 32,300 22,800 Long-term liabilities: Notes payable 281,200 264,350 Stockholders' equity 323,000 197,600 $ 950,000 323,000 108,800 $850,000 Common stock Retained earnings Total liabilities and stockholders' equity