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 77,990 Qurrent assets $311,850 $184,340 Property, plant, and equipment 510,300 475,030 Intangible assets 122,850 49,630 Current liabilities 217,350 134,710 Long-term liabilities 368,550 276,510 Common stock 75,600 Retained earnings 283,500 219,790 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 year Amount Percent Amount Percent Current assets $311,850 $184,340 % Property, plant, and equipment 510,300 % 475,030 990 Intangible assets 122,850 90 49,630 90 Total assets $945,000 % $709,000 40 % $134,710 % 276,510 % Current liabilities $217,350 Long term liabilities 368,550 Common stock 75,600 Retained earnings 283,500 Total liabilities and stockholders' equity $945,000 % % 77,990 219,790 % % $709,000 %%