The comparative condensed balance sheets of Gurley Corporation are presented below.

Prepare a horizontal analysis of the balance sheet data for Gurley Corporation using 2016 as a base. (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.)

Prepare a vertical analysis of the balance sheet data for Gurley Corporation in columnar form for 2017. (Round percentages to 1 decimal place, e.g. 12.3%.)

GURLEY CORPORATION Comparative Condensed Balance Sheets December 31 2017 Assets Current assets Property, plant, and equipment (net) Intangibles 73,000 78,600 92,000 27,200 39,200 $ 199,000 209,800 98,800 Total assets Liabilities and stockholders' equity Current liabilities Long-term liabilities Stockholders' equity $40,400 46,800 145,000 152,000 11,000 13,600