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 $$279,310$ $$162,240$

Property, plant, and equipment $531,590466,440$

Intangible assets $90,10047,320$

Current liabilities $189,21094,640$

Long$-$term liabilities $378,420324,480$

Common stock $90,10087,880$

Retained earnings $243,270169,000$

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 $$279,310$ fill in the blank $1$

$\%$ $$162,240$ fill in the blank $2$

$\%$

Property, plant, and equipment $531,590$ fill in the blank $3$

$\%466,440$ fill in the blank $4$

$\%$

Intangible assets $90,100$ fill in the blank $5$

$\%47,320$ fill in the blank $6$

$\%$

Total assets $$901,000$ fill in the blank $7$

$\%$ $$676,000$ fill in the blank $8$

$\%$

Current liabilities $$189,210$ fill in the blank $9$

$\%$ $$94,640$ fill in the blank $10$

$\%$

Long$-$term liabilities $378,420$ fill in the blank $11$

$\%324,480$ fill in the blank $12$

$\%$

Common stock $90,100$ fill in the blank $13$

$\%87,880$ fill in the blank $14$

$\%$

Retained earnings $243,270$ fill in the blank $15$

$\%169,000$ fill in the blank $16$

$\%$

Total liabilities and stockholders' equity $$901,000$ fill in the blank $17$

$\%$ $$676,000$ fill in the blank $18$

$\%$