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 $362,670 $206,000 604,450 560,320 131,880 57,680 230,790 131,840 428,610 346,080 98,910 107,120 340,690 238,960 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 Current Previous Previous year Amount Percent year Amount year Percent Current assets $362,670 % $206,000 % Property, plant, and equipment 604,450 % 560,320 % Intangible assets 131,880 % 57,680 % Total assets $1,099,000 % $824,000 % Current liabilities $230,790 % $131,840 % Long-term liabilities 428,610 % 346,080 % Common stock 98,910 % 107,120 % Retained earnings 340,690 % 238,960 % Total liabilities and stockholders' equity $1,099,000 % $824,000 %