Requirement 1. Perform a vertical analysis of Green Acres Golf Company's balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity. (Round the percentages to the nearest hundredth percent, X.XX%.) % of total % % % Green Acres Golf Company Vertical Analysis of Balance Sheet December 31, 2018 Amount Assets Total current assets $ 40,320 Property, plant, and equipment, net 199,640 Other assets 40,040 $ Total assets 280,000 Liabilities Total current liabilities $ 45,640 Long-term debt 106,680 Total liabilities Stockholders' Equity ' Total stockholders' equity 127,680 Total liabilities and stockholders' equity $ 280,000 % % % % 152,320 % % 1: Data Table Green Acres Golf Company Balance Sheet December 31, 2018 Assets Total current assets Property, plant, and equipment, net $ 40,320 199,640 40.040 Other assets S 280,000 Total assets Liabilities Total current liabilities $ 45,640 106,680 Long-term debt Total liabilities Stockholders' Equity 152,320 Total stockholders' equity 127,680 $ 280,000 Total liabilities and stockholders' equity