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 $286,200 $179,000 534,240 479,720 133,560 57,280 181,260 100,240 410,220 300,720 85,860 93,080 276,660 221,960 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 year Amount Percent Current assets $286,200 % $179,000 % Property, plant, and equipment 534,240 % 479,720 % Intangible assets 133,560 % 57,280 % Total assets $954,000 % $716,000 % Current liabilities $181,260 % $100,240 % Long-term liabilities 410,220 % 300,720 % 10 Common stock 85,860 % 93,080 % 10 Retained earnings 276,660 % 221,960 % Total liabilities and stockholders' equity $954,000 % $716,000 90 %