Using each line item of data found below (an Excel spreadsheet with the data is available), re-create the companys balance sheet and income statement in a reasonably correct manner. In addition, create a two-year vertical common-sized balance sheet and a two-year vertical common-sized income statement for all items listed on the balance sheet and income statement. Round the percentages to one decimal place (e.g., 11.6%).

(millions)	2020	2019
Sales	$256,776	$194,579
Total assets	$222,449	$196,456
Total liabilities and equity	$222,449	$196,456
Total liabilities	159,279	137,913
Less: Cost of goods sold	158,719	156,447
Gross profit	98,057	38,132
Other noncurrent assets	82,499	83,724
Less: Selling, general, & administrative expenses	81,699	25,244
Long-term debt	64,699	71,444
Total equity	63,170	58,543
Other long-term investments	56,744	56,140
Total current liabilities	53,303	44,009
Total current assets	50,302	45,243
Retained earnings	46,283	41,136
Common stock and additional paid-in capital	45,816	45,317
Property, plant, & equipment, gross	28,934	26,869
Less: Treasury stock	28,929	27,910
Accounts payable	23,093	20,316
Right-of-use leased assets	20,860
Accounts receivable, net	19,617	17,631
Long-term operating lease liabilities	18,926
Less: Accumulated depreciation	16,890	15,520
Inventories	15,516	16,450
Other long-term liabilities	14,057	14,783
Other accrued expenses	12,133	10,711
Property, plant, & equipment, net	12,044	11,349
Operating profit (EBIT)	11,987	10,170
Earnings before tax	9,485	13,625
Deferred taxes	8,294	7,677
Deferred revenue	7,870	6,586
Net income	7,119	11,623
Net income to parent company	$7,119	$11,623
Other current assets	7,113	4,581
Cash & equivalents	$5,683	$4,059
Less: Depreciation & amortization expenses	4,371	2,718
Current portion of long-term debt	$4,364	$1,985
Less: Interest expense	3,035	2,619
Marketable securities	2,373	2,522
Less: Income tax expense	2,366	2,002
Other current liabilities	2,079	2,472
Current operating lease liabilities	1,934
Taxes payable	1,830	1,939
Other income (expense)	454	6,074
Gain/(loss) on sale of assets	79	0