Carolina Designs has requested that you perform a vertical analysis of its balance sheet.

Carolna Designs, Inc. Balance Sheet As of December 31 For the year (In thousands) Assets 7 Total current assets 8 Property, plant, and equipment, net 9 Other noncurrent assets 10 Total assets 11 12 13 Total current liabilities 41,720 202,720 35,560 280,000 Llablitles 52,920 106,400 159,320 14 Long-term llabilitles 15 Total llabiltles 16 17 18 Total stockholders' equity Stockholders' equlty 120,680 19 20 Total llabilitles and equlty 280,000 21 1234