Smart Kids’ Tuition Company has the following data:

Perform a vertical analysis of Smart Kids’ Tuition Company’s balance sheet for each year.

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SMART KIDS' TUITION COMPANY Comparative Balance Sheet December 31, 2024 and 2023 Assets Total Current Assets Property, Plant, and Equipment, Net Other Assets Total Assets Liabilities Total Current Liabilities Long-term Debt Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities and Stockholders' Equity 2024 $ 833,500 2,118,500 359,000 $ 3,311,000 $570,500 2,014,000 2,584,500 726,500 $ 3,311,000 2023 $ 875,000 2,354,000 412,000 $ 3,641,000 $ 603,500 2,360,500 2,964,000 677,000 $ 3,641,000