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 Amount 2020 Amount % Assets Current assets Cash $ 206,150 $ 144,500 * DEN! Chec Required information 2020 Amount $ SPORTS UNLIMITED Balance Sheets For the years ended December 31 2021 Amount % Assets Current assets: Cash 206,150 Accounts receivable 119,700 Inventory 102,600 Prepaid rent 32,300 Long-term assets Investment in bonds 129,200 Land 198,550 Equipment 211,850 Less: Accumulated depreciation (50,350) Total assets $ 950,000 Liabilities and Stockholders' Equity Current liabilities: 144,500 60,350 157,250 16,150 0 305,150 207,400 (40,800) 850,000 $