The balance sheet data below for Randolph Company for two recent years. Assets Year 2 Year 1 Current assets $445 $280 Plant assets 680 520 Total assets $1,125 $800 Liabilities & Stockholders' Equity Current liabilities $285 $120 Long-term debt 255 160 Common stock 325 320 Retained earnings 260 200 Total liabilities and stockholders' equity $1,125 $800 Required: a. Using horizontal analysis, show the percentage change for each balance sheet item using Year 1 as a base year. If required, round percentage to one decimal place. If required, use the minus sign to indicate decreases in amounts and percents (negative values). Randolph Company Comparative Balance Sheet December 31, Year 2 and Year 1 Year 2 Year 1 Increase/Decrease Amount Increase/Decrease Percentage $445 $280 % Assets Current assets $ Plant assets 680 520 % Total assets $1,125 $800 $ % Liabilities & stockholders' equity Current liabilities $285 $120 $ % Long-term debt 255 160 % Common stock 325 320 % Retained earnings 260 200 % Total liabilities and stockholders' equity $1,125 $800 % b. Using vertical analysis, prepare a comparative balance sheet. If required, round your answers to one decimal place. Randolph Company Comparative Balance Sheet December 31, Year 2 and Year 1 Assets Year 2 Amount Year 2 Percent Year 1 Amount Year 1 Percent Current assets $445 % $280 % Plant assets 680 % 520 % Total assets $1,125 % $800 % Liabilities & stockholders' equity Current liabilities Long-term debt $285 % $120 % 255 % 160 % Common stock 325 % 320 % Retained earnings 260 % 200 % Total liabilities and stockholders' equity $1,125 % $800 %