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 $309,050 5185,360 Property, plant, and equipment 467,990 417,060 Intangible assets 105,960 59,580 Current liabilities 203,090 112,540 Long-term liabilities 326,710 251,560 Common stock 70,640 79,440 Retained earnings 282,560 218,460 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 $309,050 %6 $185.360 Property, plant, and equipment 467,990 417,060 Intangible assets 105,960 59.580 Total assets $883.000 $662,000 Current liabilities $203.090 $112.540 Long-term liabilities 326,710 196 251.560 Common stock 70,640 2% 79,440 Retained earnings 282,560 218.450 Total liabilities and stockholders' equity $883,000 $662,000