S12-3 (book/static) A Question Help Sokolsky Designs reported the following amounts on its balance sheets at December 31, 2018, 2017, and 2016: (Click the icon to view the data.) Sales and profits are high. Nevertheless, Sokolsky is experiencing a cash shortage. Perform a vertical analysis of the company's assets at the end of years 2018, 2017, and 2016. Use the analysis to explain the reason for the cash shortage. Perform vertical analysis of Sokolsky Software's assets at the end of years 2018, 2017, and 2016. (Round your answers to the nearest one-tenth of a percent, X.X%.) Data Table 2017 2018 2017 2016 2016 Amount Percent % $ 3,990 Cash $ 10,000 $ 4,440 $ Sokolsky Designs, Inc. Vertical Analysis Years Ended December 31, 2018, 2017, and 2016 2018 Amount Percent Amount Percent Cash $ 10,000 % $ 4,440 Receivables, net 35,000 % 23,200 Inventory 240,000 % 177,600 Prepaid expenses 15,000 % 21,200 200,000 217,560 % Property, plant and equipment, net $ 500,000 $ 444,000 Total assets % 3,990 % Receivables, net 35,000 23,200 23,940 % 23,940 % 240,000 177,600 131,670 % 131,670 % % % 15,960 223,440 Inventory Prepaid expenses Property, plant and equipment, net 15,000 200,000 21,200 217,560 15,960 223,440 % % $ 500,000 $ 444,000 $ 399,000 $ 399,000 Total assets % % Print Done Enter any number in the edit fields and then click Check