The Russell Department Stores, Inc. chief executive officer (CEO) has asked you to compare the company's profit performance and financial position with the averages for the industry. The CEO has given you the company's income statement and balance sheet as well as the industry average data for retailers. (Click the icon to view the income statement.) B. (Click the icon to view the balance sheet.) Read the requirements Data Table Cost of Goods Sold 526.064 67.1 % X Gross Profit Data Table 257,936 159,936 32.9 % 20.4 % Operating Expenses Operating Income Other Expenses 98,000 4.704 12.5 % 0.6 % Russell Department Stores, Inc. Balance Sheet Compared with Industry Average December 31, 2018 Industry Russell Average $ 93,296 11.9 Net Income Russell Department Stores, Inc. Income Statement Compared with Industry Average Year Ended December 31, 2018 Industry Russell Average % Prepare a vertical analysis for Russell for its balance sheet. (Round the percent of total amounts to one decimal place, XX%.) $ 304,200 Current Assets Property, Plant, and Equipment, Net Intangible Assets, Net 70.9% 23.6 114,300 Net Sales Revenue Russell Department Stores, Inc. Balance Sheet December 31, 2018 Amount $ 784,000 526,064 100.0 % 65.8 9,000 22,500 0.8 4.7 Cost of Goods Sold Other Assets Percent of Total Gross Profit $ 450,000 100.0 % 257,936 159,936 34.2 19.7 Total Assets Current Assets $ 304,200 % Operating Expenses Operating Income 114,300 % 98,000 4,704 Property, Plant, and Equipment, Net Intangible Assets, Net Other Assets 14.5 0.4 Current Liabilities $ % 9,000 22.500 206,100 101.700 48.1 % 16.6 Other Expenses % $ 93,296 14.1 % Long-term Liabilities Total Liabilities Net Income $ 450,000 Total Assets 307,800 142,200 64.7 35.3 % Stockholders' Equity Print Done 450,000 100.0 % Total Liabilities and Stockholders' Equity Current Liabilities $ % 206,100 101,700 % Long-term Liabilities Total Liabilities Print Done Done 307,800 142.200 Stockholders' Equity % $ 450,000 Total Liabilities and Stockholders' Equity %