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 2022 2023 Amount 59 Amount Assets Cash Accounts receivable Inventory Buildings Loss: Accumulated depreciation Total assets Llabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ 2.220,000 1,530,000 3,675,000 9,525,000 (1,950,000) $ 15,000,000 $ 1,000,000 1.200,000 1,750,000 9,525.000 (975,000) $ 12,500,000 79 $ 1,200,000 $ 1,500,000 990,000 6.900.000 5,610,000 $ 15,000,000 6.900,000 4,400.000 $ 12,500,000