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	$330,820		$197,100
Property, plant, and equipment	535,150		489,100
Intangible assets	107,030		43,800
Current liabilities	194,600		109,500
Long-term liabilities	408,660		321,200
Common stock	87,570		80,300
Retained earnings	282,170		219,000

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 Amount	Current year Percent	Previous year Amount	Previous year Percent
Current assets	$330,820	fill in the blank 1%	$197,100	fill in the blank 2%
Property, plant, and equipment	535,150	fill in the blank 3%	489,100	fill in the blank 4%
Intangible assets	107,030	fill in the blank 5%	43,800	fill in the blank 6%
Total assets	$973,000	fill in the blank 7%	$730,000	fill in the blank 8%
Current liabilities	$194,600	fill in the blank 9%	$109,500	fill in the blank 10%
Long-term liabilities	408,660	fill in the blank 11%	321,200	fill in the blank 12%
Common stock	87,570	fill in the blank 13%	80,300	fill in the blank 14%
Retained earnings	282,170	fill in the blank 15%	219,000	fill in the blank 16%
Total liabilities and stockholders' equity	$973,000	fill in the blank 17%	$730,000	fill in the blank 18%