The balance sheet data of Randolph Company for two recent years appears below: Assets: Year 2 Year 1 Current assets $445 $280 Plant assets 680 520 Total assets $1,125 $800 Liabilities and stockholders' equity: Current liabilities $285 $120 150 255 325 320 Long-term debt Common stock Retained earnings Total liabilities and stockholders' equity 200 260 31.125 $500 Required: a. Using horizontal analysis show the percentage change for each balance sheet ieman Years as a base year. If required, round percentage to one decimal place. If required, use the minus sign to indicato decreases in amounts and percents (negative values). Randolph Company Comparative Balance Sheet For the Years Ended December 31. Year 2 and Year 1 Randolph Company Comparative Balance Sheet For the Years Ended December 31, Year 2 and Year 1 Increase/ Increase/ Assets Year 2 Year 1 Decrease Decrease Amount Percentage Current assets $445 $280 Plant assets 680 520 $1,125 $800 Total assets Liabilities & stockholders' equity Current liabilities Long-term debt $120 $285 255 325 160 Common stock 320 Retained earnings 250 200 Total abilities and stockholders equity 51.125 $500 10 b. Using vertical analysis, prepare a comparative balance sheet. If required, round your answers to one decimal place Randolph Company Comparative Balance Sheet For the Years Ended December 31, Year 2 and Year 1 Ant Year 2 Year 2 Year! Year 325 320 Common stock 260 200 JI Retained earnings $800 % Total liabilities and stockholders' equity $1,125 b. Using vertical analysis, prepare a comparative balance sheet. If required, round your answers to one decimal place. Randolph Company Comparative Balance Sheet For the Years Ended December 31, Year 2 and Year 1 Year 2 Year 2 Year 1 Year 1 Assets Amount Percent Amount Percent Current assets $445 96 3280 96 plant assets 690 520 $1.125 96 $800 $285 Total assets Liabilities and stockholders' equity Current abilities Long-term debt Common stock Retained earnings $120 160 255 325 320 260 200 Total abilities and stockholders equity $1.125 5800