Comparative data from the statement of financial position of Elke Ltd. are shown below.
(a) Using horizontal analysis, calculate the percentage of the base-year amount, using 2016 as the base year.
(b) Using vertical analysis, calculate the percentage of the base amount for each year.

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2018 2017 $1,530,000 $1,175,000 $1,225,000 2,800,000 2016 Current assets Property, plant, and equipment3,130,000 Goodwill Total assets 2,850,00o 90,000 100,000 $4,750,000 $4,075,000 $4,075,000