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Trap Golf Company's balance sheet at December 31, 2021 is as follows: (Click the icon to view the balance sheet.) Requirement 1. Perform a
Trap Golf Company's balance sheet at December 31, 2021 is as follows: (Click the icon to view the balance sheet.) Requirement 1. Perform a vertical analysis of Trap Golf Company's balance sheet to determine the component percentages of its assets, liabilities, and stockholders' equity. (Round the percentages to the nearest hundredth percent, XXX%. Do not enter the % symbol in any of the input fields.) Trap Golf Company Vertical Analysis of Balance Sheet Data table December 31, 2021 Amount % of total Assets Trap Golf Company Balance Sheet December 31, 2021 Total current assets $ 37,895 % Assets Property, plant, and equipment, net 189,475 % 37,630 Total current assets $ 37,895 Other assets Property, plant, and equipment, net 189,475 $ 265,000 Total assets % 37,630 Other assets Liabilities $ 265,000 Total assets Total current liabilities $ 42,930 98,580 Liabilities Long-term debt % Total current liabilities $ 42,930 Total liabilities 141,510 % Stockholders' Equity Long-term debt 98,580 123,490 Total liabilities 141,510 Total stockholders' equity % Stockholders' Equity 265,000 Total liabilities and stockholders' equity % Total stockholders' equity 123,490 $ 265,000 Total liabilities and stockholders' equity - X
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