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 $300,900 Current assets Property, plant, and equipment $192,560 398,400 460,200 Intangible assets Current liabilities 123,900 185,850 73,040 112,880 Long-term liabilities 380,550 305,440 Common stock 73,040 70,800 247,800 Retained earnings 172,640 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 year year Amount Percent Current assets $300,900 Property, plant, and equipment 460,200 Previous year Percent Previous year Amount $192,560 398,400 Intangible assets 123,900 73,040 Total assets $885,000 $664,000 Current liabilities Long-term liabilities $185,850 380,550 70,800 247,800 $112,880 305,440 73,040 172,640 Common stock Retained earnings Total liabilities and stockholders' equity $885,000 $664,000