The following condensed information is available for Brick Brewing Company Ltd.:

Instructions
(a) Using vertical analysis, calculate the percentage of the base amount for the statement of financial position and income statement for each year.
(b) Identify the key components in Brick Brewing's statement of financial position and income statement that are primarily responsible for the change in the company's financial position and performance over the three-year period.

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BRICK BREWING COMPANY LTD Statement of Financial Position January 31 (in thousands) 201620152014 Assets Cash Accounts receivable Inventory Prepaids Assets held for sale Current assets Non-current assets Total assets $ 394 $595 $0 6,1766,492 5,865 3,2913,401 3,951 396 0 3,406 10,216 10,838 13,618 38,624 34,096 32,751 $48,840 $44,934 $46,369 355 350 ia ies er Liabilities Current liabilities $6,855 6,335 $9,302 6,460 4,2174,554 13,315 10,552 13,856 35,525 34,38232,513 Total liabilities and shareholders' equity $48,840 $44,934 $46,369 Non-current liabilities Total liabilities Shareholders' equity BRICK BREWING COMPANY LTD Income Statement January 31 (in thousands) 20162015 2014 Net sales Cost of goods sold Gross profit Operating expenses Gain on sale of non-current assets Income from operations Interest expense Income before income tax Income tax expense Net income $37,610 $36,333 $37,674 27.076 26,136_27857 10,53410,197 8,0088,075 9,817 8,399 (205)(436) 2,731 2,558 1,418 2,2522,023 726 $1,594$ 1,395 525