The balance sheets for Federer Sports Apparel for $2022$ and $2021$ are presented below. Required: $1.$ Prepare a vertical analysis of the balance sheet data for $2022$ and $2021.$ Express each amount as a percentage of total assets. $($Amounts to be deducted should be indicated by a minus sign. Round your answers to $1$ decimal place.$)$FEDERER SPORTS APPAREL Balance Sheet December $3120222021$ Amount $\%$ Amount $\%$ Assets Cash $$2,300,00014\mathrm{.}7$selected answer correct $$800,0001\mathrm{.}6$selected answer incorrect Accounts receivable $1,500,0009\mathrm{.}6$selected answer correct $1,200,0002\mathrm{.}4$selected answer incorrect Inventory $2,800,000179\mathrm{.}0$selected answer incorrect $1,700,0003\mathrm{.}4$selected answer incorrect Buildings $11,000,00070\mathrm{.}5$selected answer correct $11,000,00022\mathrm{.}1$selected answer incorr