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 FEDERER SPORTS APPAREL Balance Sheet December 31 2025 Amount % 2024 Amount % Cash Accounts receivable Inventory Buildings $ 3,087,000 1,764,000 3,717,000 14,763,000 (2,331,000) $ 1,073,000 1,424,500 2,405,000 14,763,000 (1,165,500) $ 18,500,000 Less: Accumulated depreciation Total assets $ 21,000,000 Liabilities and Stockholders' Equity Accounts payable $ 1,953,000 Contingent liability 1,995,000 Common stock 9,324,000 Retained earnings Total liabilities and stockholders' equity 7,728,000 $ 21,000,000 $ 2,331,000 1,170,000 9,324,000 5,675,000 $ 18,500,000