Tri-State Optical Company reported the following amounts on its balance sheet at December 31, 2024 and 2023: (Click the icon to view the amounts.) Prepare a vertical analysis of Tri-State's assets for 2024 and 2023. Begin by preparing a vertical analysis of Tri-State's assets for 2024, then prepare a vertical analysis for 2023. (Round the percent of total amounts to one decimal place, XX%) Tri-State Optical Company Balance Sheet (partial) December 31, 2024 and 2023 Percent of Total Cash and Receivables $ 77,825 Merchandise Inventory 55,825 Property, Plant and Equipment, Net 141,350 $ 275,000 2024 % Total Assets Data Table 2024 2023 $ 75,330 Cash and Receivables Merchandise Inventory Property. Plant, and Equipment, Net Total Assets 77,825 S 55,825 141,350 275,000 $ 54,810 139,860 $ 270,000