Vertical Analysis of Balance Sheet Balance sheet data for Kwan Company on December 31, the end of two recent fiscal years, follow: Current Year Previous Year Current assets $262,260 $165,100 Property, plant, and equipment 490,680 419,100 Intangible assets 93,060 50,800 Current liabilities 160,740 95,250 Long-term liabilities 346,860 266,700 Common stock 76,140 82,550 Retained earnings 262,260 190,500 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 abilities 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 year Year year Amount Percent Amount Percent Current assets $262,260 $165,100 Property, plant, and equipment 490,680 419,100 Intangible assets 93,060 50,800 Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equilty item as a percent of the total liabilities and stockholders' equilty. If required, round percentages to one decimal place. Kwan Company Comparative Balance Sheet For the Years Ended December 31 Current Current Previous Previous year year year year Amount Percent Amount Percent Current assets $262,260 $165,100 Property, plant, and equipment 490,680 419,100 Intangible assets 93,060 50.800 Total assets $846,000 5635,000 Current liabilities $160,740 $95,250 Long-term liabilities 346,860 266,700 Common stock 76,140 82.550 Retained earnings 262,260 190,500 Total liabilities and stockholders' equity 5846,000 $635,000