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The 2018 accounting records of Salem, Inc., showed the $1,500; Plant and equipment, net, $32,250. Construct a vertical analysis of the asset section of Salem,

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The 2018 accounting records of Salem, Inc., showed the $1,500; Plant and equipment, net, $32,250. Construct a vertical analysis of the asset section of Salem, Inc. balance sheet for 2018 Complete the table below for your vertical analysis of the asset section Salem, Inc Vertical Analysis Asset Section, 2018 Assets AmountPercent Current assets: S 9,750 10,500 21,000 1,500 Cash Accounts receivable, net Prepaichxpenses Total current assets Plant and equipment, net Total assets 32,250 100

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