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 31 Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity ces Accounts payable Contingent liability Common stock 2022 2021 Amount % Amount % $ 2,220,000 $ 1,000,000 1,530,000 1,200,000 3,675,000 1,750,000 9,525,000 (1,950,000) 9,525,000 (975,000) $ 15,000,000 $ 12,500,000 $ 1,500,000 990,000 6,900,000 5,610,000 $ 1,200,000 6,900,000 4,400,000 $ 12,500,000 Retained earnings Total liabilities and stockholders' equity $ 15,000,000