Required Prepare a vertical analysis of both the balance sheets and income statements for 2019 and 2018. Complete this question by entering your answers in the tabs below. Analysis Bal Analysis Inc Sheet Stmt Prepare a vertical analysis of the balance sheets for 2019 and 2018. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) ROONEY COMPANY Vertical Analysis of Balance Sheets 2019 2018 Amount Percentage of Total Percentage of Amount Total Assets Current assets Cash $ 16.400 % $ 13,000 % Marketable securities 21,000 7,600 Accounts receivable (net) 55,800 46.900 Inventories 135,600 144,000 Prepaid items 26.500 11,500 Total current assets 255,300 223,000 Investments 27.500 20.500 Plant (net) 270.900 257.000 Land 29.900 24,300 Total long-term assets 328,300 301.800 Total assets $ 583,600 $ 524.800 Liabilities and stockholders' equity Liabilities Current liabilities Notes payable $ 16,200 $ 5,600 Accounts payable 112,800 99.400 Salaries payable 19.900 13,100 Total current liabilities 148.900 118.100 Noncurrent liabilities Bonds payable 98,000 98,000 Other 30.200 25,300 Total noncurrent liabilities 128,200 123,300 Total liabilities 277.100 241.400 Stockholders' equity Preferred stock (par value $10,4% cumulative, nonparticipating: 6,700 shares authorized and issued) 67.000 67.000 Common stock (no par; 50,000 shares authorized: 10,000 shares issued) 67,000 67,000 Retained earnings 172,500 149.400 Total stockholders' equity 306,500 283,400 Total liabilities & stockholders' equity $ 583,600 % $ 524,800 %