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 $274,890 $162,500 Property, plant, and equipment 441,490 400,000 Intangible assets 116,620 62,500 Current liabilities 199,920118,750 Long -term liabilities 291,550 243,750 Common stock 91,630 87,500 Retained earnings 249,900 175,000

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 $274,890 $162,500 Property, plant, and equipment 441,490 400,000 Intangible assets 116,620 62,500 Current liabilities 199,920 118,750 Long-term liabilities 291,550 243,750 Common stock 91,630 87,500 Retained earnings 249,900 175,000 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 year Amount Percent Amount Percent Current assets $274,890 $162,500 Property, plant, and equipment 441.490 400,000 Intangible assets 116.620 62,500 year year Current liabilities 199,920 118,750 Long-term liabilities 291,550 243,750 Common stock 91,630 87,500 Retained earnings 249,900 175,000 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 Year year Amount Percent Amount Percent Current assets $274,890 % $162,500 Property, plant, and equipment 441,490 400,000 Intangible assets 116,620 62,500 Total assets $833,000 $625,000 Ourrent liabilities $199,920 $118,750 Long-term liabilities 291,550 243,750 Common stock 91,630 87,500 Retained earnings 249,900 175,000 Total abilities and stockholders' equity $833,000 $625,000