Required information [The following information applies to the questions displayed below.] The balance sheets for Federer Sports Apparel for 2025 and 2024 are presented below. 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 place.) Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity FEDERER SPORTS APPAREL Balance Sheet December 31 2025 Amount % $ 2,327,500 1,487,500 3,185,000 12,600,000 (2,100,000) $ 17,500,000 S 2024 Amount % $ 615,000 6.1 1,155,000 1.1 1,680,000 12,600,000 (1,050,000) $ 15,000,000 Liabilities and Stockholders' Equity Accounts payable 03 Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ 1,592,500 $ 1,890,000 1,110,000 1,592,500 7,665,000 6,650,000 $ 17,500,000 7,665,000 4,335,000 $ 15,000,000