Suppose the comparative balance sheets of Nike, Inc. are presented here. Nike, Inc. Comparative Balance Sheets May 31 ($ in millions) 2020 2019 Assets Current assets $ 10,179 $ 8,700 Property, plant, and 1,890 1,800 equipment (net) Other assets 1,404 1,800 Total assets $13,473 $12,300 Liabilities and Stockholders' Equity Current liabilities $ 3,564 $3,600 Long-term liabilities 1,344 1,400 Stockholders' equity 8,565 7,300 Total liabilities and $13,473 $12,300 stockholders' equity (a) Prepare a horizontal analysis of the balance sheet data for Nike, using 2019 as a base. (Show the amount of increase or decrease as well.) (Enter amounts in millions. Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) NIKE, INC. Condensed Balance Sheet ($ in millions) 2020 2019 Increase Percentage (Decrease) Change from 2019 Assets Current assets $10,179 1,890 $8,700 1,800 Property, plant & equipment (net) Other assets 1,404 1,800 Total Assets $13,473 $12,300 Liabilities and Stockholders' Equity Current liabilities $3,564 $3,600 Long-term liabilities 1,344 1,400 8,565 7,300 Stockholders' equity Total liabilities and Stockholders' Equity $13,473 $12,300 (b) Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, e.g. 12.3%.) NIKE, INC. Condensed Balance Sheet $ (in millions) Percent Assets Current assets $10,179 1,890 Property, plant, and equipment (net) Other assets 1,404 Total Assets $13,473 Liabilities and Stockholders' Equity Current liabilities $3,564 Long-term liabilities 1,344 Stockholders' equity 8,565 Total liabilities and Stockholders' Equity $13,473