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 Current Year Previous Year $303,920 $188,640 618,320 558,060 125,760 39,300 220,080 133,620 419,200 306,540 Common stock Retained earnings 125,760 282,960 125,760 220,080 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 Current Previous Previous year Amount year Percent year year Amount Percent Current assets $303,920 % $188,640 % Property, plant, and equipment 618,320 % 558,060 % Intangible assets 125,760 % 39,300 % Total assets $1,048,000 % $786,000 % Current liabilities $220,080 %6 $133,620 % Long-term liabilities 419,200 % 306,540 % Common stock 125,760 % 125,760 % 282,960 % Retained eamings 220,080 % Total liabilities and stockholders' equity $1,048,000 % $786,000 %