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 Current Year Previous Year $293,080 $187,630 448,240 120,680 388,200 71,170 206,880 109,990 310,320 239,390 Common stock Retained earnings 68,960 275,840 77,640 219,980 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 year year Amount Percent Current assets $293,080 96 $187,630 % Property, plant, and equipment 448,240 % 388,200 % Intangible assets 120,680 % 71,170 % Total assets $862,000 % $647,000 % Current liabilities $206,880 % $109,990 % Long-term liabilities 310,320 % 239,390 % Common stock 68,960 % 77,640 % Retained earnings 275,840 % 219,980 % Total liabilities and stockholders' equity $862,000 % $647,000 %