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 Year $276,300 515,760 Previous Year $158,930 462,970 128,940 69,100 Current liabilities 221,040 313,140 92,100 117,470 283,310 Long-term liabilities Common stock 82,920 Retained earnings 294,720 207,300 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 $276,300 % Property, plant, and equipment 515,760 Previous Previous year year Amount Percent $158,930 462,970 69,100 Intangible assets 128,940 Total assets $921,000 $691,000 Current liabilities Long-term liabilities Common stock Retained earnings $221,040 313,140 92,100 294,720 $117,470 283,310 82,920 207,300 Total liabilities and stockholders' equity $921,000 $691,000