Suppose the comparative balance sheets of Nike, Inc. are as follows. NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) 2022 2021 Assets Current Assets $9,855 $8,920 Property, plant, and equipment (net) 1,998 1,927 Other assets 1,647 1,789 Total assets $13,500 $12,636 Liabilities and Stockholders' Equity Current Liabilities $3,375 $3,417 Long-term liabilities 1,296 1,313 Stockholders' equity 8,829 7.906 Total liabilities and stockholders' equity $13,500 $12,636 (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, eg. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, eg. 12.1%) (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, eg. 12.1%.) NIKE, INC. Condensed Balance Sheet May 31 ($ in millions) Increase Percentage Change 2022 2021 (Decrease) from 2021 Assets Current Assets $9,855 $8,920 $ Property, plant, and equipment. 1.998 1,927 (net) Other assets 1,647 1,789 Total assets Liabilities and Stockholders' % % % $13,500 $12,636 $ % Equity Current Liabilities $3,375 $3,417 $ Long-term liabilities 1,296 1,313 % Stockholders' equity Total liabilities and stockholders' equity 8,829 7,906 % $13,500 $12,636 $ % (b) Prepare a vertical analysis of the balance sheet data for Nike for 2022. NIKE, INC. Condensed Balance Sheet Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities $ (in millions) Percent $9,855 % 1.998 % 1,647 % $13,500 % $3,375 Assets Current Assets Property, plant, and equipment (net) Other assets Total assets Liabilities and Stockholders' Equity Current Liabilities Long-term Liabilities Stockholders' equity $9,855 de % 1.998 de % 1,647 % $13,500 de % $3,375 % 1,296 % 8,829 % Total liabilities and stockholders' equity $13,500 %