Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current Year Previous Year Current assets $150,260 $273,000 Property, plant, and equipment 536,900 484,930 Intangible assets 100,100 47,810 Current liabilities 172,900 81,960 Long-term liabilities 409,500 321,010 Common stock 81,900 81,960 Retained earnings 245,700 198,070 Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders equity. If required, round percentages to one decimal place. Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Current Current Previous Previous year Amount Percent year year Amount year Percent % Current assets $273,000 $150,260 9% Property, plant, and equipment 536,900 484,930 100,100 47,810 Intangible assets 96 Total assets $910,000 $683,000 96 9% Current liabilities $172,900 $81,960 9% 9% Long-term liabilities 409,500 321,010 Common stock 81,900 81,960 9% 198,070 Retained earnings 245,700 96 Total liabilities and stockholders equity $910,000 $683,000