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 Current Year $262,800 525,600 87,600 Previous Year $151,110 486,180 19,710 166,440 91,980 324,120 262,800 105,120 280,320 105,120 Retained earnings 197,100 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 year Amount Percent year year Amount Percent Current assets $262,800 % $151,110 %6 Property, plant, and equipment 525,600 % 486,180 96 Intangible assets 87,600 % 19,710 % Total assets $876,000 % $657,000 % Current liabilities $166,440 % $91,980 % Long-term liabilities 324,120 % 262,800 % Common stock 105,120 % 105,120 Retained earnings 280,320 % 197,100 Total liabilities and stockholders' equity $876,000 % $657,000