Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows:

Vertical Analysis of Balance Sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follows: Current assets Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities Common stock Retained earning:s Current Year $350,700 511,020 140,280 240,480 400,800 90,180 270,540 Previous Year $225,600 458,720 67,680 150,400 285,760 97,760 218,080 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 year Amount Current year Percent Previous year Amount Previous year Percent Current assets Property, plant, and equipment Intangible assets Total assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity $1,002,000 $350,700 511,020 140,280 $1,002,000 $240,480 400,800 90,180 270,540 $225,600 458,720 67,680 $752,000 $150,400 285,760 97,760 218,080 $752,000