Required: Prepare a vertical analysis of Fantasy Football'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 bloce.) FANTASY FOOTBALL Balance Sheets December 31 2021 2020 Amour Amount $ 5 105.000 1,067,200 3,404600 203.000 567,200 1,566,000 2,030,400 183.600 1,566,000 (626,400) $ 5800,000 1.566.000 (313,200) $5.400.000 Assets Current assets Catch Accounts receivable inventory Supplies Long-term assets Equipment Less. Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Interest payable Income tax payable Long-term liabilities Notes payable Stockholders' equity Common stock Retained earings Total liabilities and stockholders' equity $ 5 255,200 D 156,600 167 400 5.400 156,600 1,879.200 1879.200 1.155,600 2 353.400 $ 5.800.000 1,155,600 2,035,800 5 5.400.000 2. Prepare a honzontal analysts of Fantasy Football's 2021 balance sheet using 2020 as the base year (Negative amounts and Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) FANTASY FOOTBALL Halance Sheets December 31 Year 2021 Increase (Decrease 2020 5 185,600 1 067,200 3 404,600 203,000 367,200 1.500.000 2.030,400 183.600 1,566,000 (628.400) $5,800,000 5 1.566.000 1313.200) 5,400,000 Assets Current assets Cash Accounts receivable Inventory Supplies Long-term assets Equipment tess Accumulated depreciation Total assets Elabilities and Stockholders' Equity Current liabilities Accounts payable Interest payable Income tax payable ong-term abilities Notes payable Stockholders equity Common stock Retained earnings Total abilities and stockholders' equity $ 255,2005 0 156,600 167,400 5,400 156.600 1,879,200 1879 200 1,155,600 1.155.600 2.353,400 2035,800 $ 5,800,000 $ 5.400.000