Variline Optical Company reported the following amounts on its balance sheet at December 31: Cash and receivables $ 51,870 Inventory Property, plant, and equipment, net 41.580 116,550 Total assets $ 210,000 Perform a vertical analysis of Variline Optical Company's assets at year end. (Round your answers to one decimal place.) Variline Optical Company Balance Sheet (adapted) December 31 Percent of Total Amount Cash and receivables $ % Inventory Property, plant, and equipment, net 51,870 41,580 116,550 210,000 100.0 Total assets %