Vertical Analysis of Balance Sheet Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow: Current assets Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities - Common stock Retained earnings Current Year Previous Year $307,520 $171,120 575,360 513,360 109,120 59,520 198,400 96,720 386,880 305,040 99,200 96,720 307,520 245,520 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. Kwan Company Comparative Balance Sheet For the Years Ended December 31 Current year Amount Percent Current Previous Previous year year Amount Percent year Current assets $307,520 % $171,120 % Property, plant, and equipment 575,360 % 513,360 % Intangible assets 109.120 % 59.520 % Retained earnings 307,520 245,520 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. Kwan Company Comparative Balance Sheet For the Years Ended December 31 Current year year Amount Percent Current Previous Previous year year Amount Percent Current assets $307,520 % $171,120 % Property, plant, and equipment 575,360 % 513,360 % Intangible assets 109,120 % 59,520 % Total assets $992,000 % $744,000 % Current liabilities $198,400 % $96,720 % Long-term liabilities 386,880 % 305,040 % Common stock 99,200 % 96,720 % Retained earnings 307,520 % 245,520 % Total liabilities and stockholders' equity $992,000 % $744,000 %