Suppose the comparative balance sheets of Kingbird, Inc.. are presented here. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{KINGBIRD,INC.CondensedBalanceSheetMay31($inmillions)} \\ \hline & 2019 & 2018 \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline Current Assets & $9,630 & $8,710 \\ \hline Property, plant, and equipment (net) & 2,000 & 1,850 \\ \hline Other assets & 1,530 & 1,600 \\ \hline Total assets & $13,160 & $12,160 \\ \hline \multicolumn{3}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline Current Liabilities & $3,240 & $3,330 \\ \hline Long-term liabilities & 1,290 & 1,290 \\ \hline Stockholders' equity & 8,630 & 7,540 \\ \hline Total liabilities and stockholders' equity & $13,160 & $12,160 \\ \hline \end{tabular} (a) Prepare a horizontal analysis of the balance sheet data for Kingbird, using 2018 as a base. (If amount and percentage are a decrease (b) Prepare a vertical analysis of the balance sheet data for Nike for 2019. \begin{tabular}{|c|c|c|c|} \hline \multicolumn{2}{|c|}{KINGBIRD,INC.CondensedBalanceSheet} & \multirow[b]{2}{*}{ Percent } & \\ \hline & $ (in millions) & & \\ \hline \multicolumn{4}{|l|}{ Assets } \\ \hline Current Assets & $9,630 & & % \\ \hline Property, plant, and equipment (net) & 2,000 & & % \\ \hline Other assets & 1,530 & & % \\ \hline Total assets & $13,160 & & % \\ \hline \multicolumn{4}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline Current Liabilities & $3,240 & & % \\ \hline Long-term Liabilities & 1,290 & & % \\ \hline Stockholders' equity & 8,630 & & % \\ \hline Total liabilities and stockholders' equity & $13,160 & & % \\ \hline \end{tabular}