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 $158,160 461,300 Property, plant, and equipment Intangible assets 39,540 Current liabilities $272,180 500,460 105,360 175,600 359,980 96,580 245,840 105,440 Long-term liabilities 289,960 Common stock 92,260 Retained earnings 171,340 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 $272,180 % Property, plant, and equipment 500,460 % Previous Previous year year Amount Percent $158,160 % 461,300 % Intangible assets 105,360 % 39,540 % Total assets $878,000 % $659,000 % Current liabilities $175,600 % $105,440 % Long-term liabilities 359,980 % 289,960 % Common stock 96,580 % 92,260 % Retained earnings 245,840 % 171,340 % Total liabilities and stockholders' equity $878,000 % $659,000 %