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 $280,140 $159,500 Property, plant, and equipment 569,940 514,750 Intangible assets 115,920 50,750 Current liabilities 183,540 94,250 Long-term liabilities 367,080 311,750 Common stock 115,920 108,750 Retained earnings 299,460 210,250 Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each lability and stockholders' equity item as a percent of the total abilities 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 year Amount Percent Amount Percent Current assets $280,140 % $159,500 % Property, plant, and equipment 569,940 % 514,750 % Intangible assets 115,920 % 50,750 % Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Current Current year year Amount Percent $280,140 % Previous Previous year year Amount Percent Current assets $159,500 % 569,940 % 514,750 % Property, plant, and equipment Intangible assets 115,920 % 50,750 % Total assets $966,000 % $725,000 % Current liabilities $183,540 % $94,250 % Long-term liabilities 367,080 % 311,750 % Common stock 115,920 % 108,750 % Retained earnings 299,460 % 210,250 % Total liabilities and stockholders' equity $966,000 % $725,000 %