Vertical analysis of balance sheet Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow: Current Year Previous Year Current assets $2,800,000 $1,840,000 Property, plant, and equipment 5,200,000 6,072,000 Intangible assets 2,000,000 1,288,000 Current liabilities 1,800,000 1,380,000 Long-term liabilities 3,600,000 3,680,000 Common stock Retained earnings 980,000 3,620,000 920,000 3,220,000 Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each percent of the total liabilities and stockholders' equity. When required, round percentages to one decim Alvarez Company Comparative Balance Sheet For the Vaare Ended December 31