Suppose the comparative balance sheets of Nike, Inc. are as follows. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 2022 2021 Increase (Decrease) Percentage Change from 2021 Assets Current Assets $9,125 $8,287 Assets Property, plant, and equipment (net) 1,850 1,778 Other assets 1,525 1,666 Total assets $12,500 $11,731 Current Assets $9,125 $8,287 $ Property, plant, and equipment 1,850 1,778 Liabilities and Stockholders' Equity (net) Current Liabilities $3,075 $3,122 Other assets 1,525 1,666 Long-term liabilities. 1,200. 1.216 Total assets $12,500 $11,731 $ Stockholders' equity 8.225 7,393 Liabilities and Stockholders' Total liabilities and stockholders' equity $12,500 $11,731 Equity QuestionsC Equity Current Liabilities $ (in millions) Percent $3,075 $3,122 $ % Assets Long-term liabilities 1,200 1,216 % Current Assets $9,125 % Stockholders' equity 8,225 7,393 % Property, plant, and equipment (net) 1,850 % Total liabilities and stockholders' equity $12,500 $11,731 $ % Other assets 1,525 % (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. Total assets $12,500 % Liabilities and Stockholders' Equity NIKE, INC. Condensed Balance Sheet Current Liabilities $3,075 % $ (in millions) Percent Long-term Liabilities 1,200 % Assets Stockholders' equity 8,225 % Current Assets $9,125 Property plant and nuinment (not) 1.950 Total liabilities and stockholders' equity $12,500 % % % %