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: $285 $120 Current liabilities Long-term debt - 255 160 Common stock 325 320 260 200 Retained earnings 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 For the Years Ended December 31, Year 2 and Year 1 Increase/ Increase / Assets Year 2 Year 1 Decrease Decrease Amount Percentage Current assets 5445 $280 Plant assets 680 520 Total assets $1,125 $800 Liabilities & stockholders' equity Current liabilities S285 $120 Long-term debt 255 160 Common stock 325 320 oon 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 For the Years Ended December 31, Year 2 and Year 1 Year 2 Year 2 Year 1 1 Year 1 Assets 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 For the Years Ended December 31, Year 2 and Year 1 Increased Increase/ Year 2 Year 1 Decrease Decrease Amount Percentage Assets Current assets 445 $280 Plant assets 680 520 Total assets $1,125 $800 Liabilities & stockholders' equity ' Current liabilities Long-term debt poi 000 S285 $120 255 160 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 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 5445 $280 % Plant assets 680 520 Total assets $1,125 % $800 Liabilities and stockholders' equity Current liabilities 5285 $120 Long-term debt 255 160 Common stock il mn 325 320 di Retained earnings 260 200 Total liabilities and stockholders' equity $1,125 $800