1a. Prepare Comparative Statements - Balance Sheet and Income Statement, using VERTICAL ANALYSIS for the following data:

1b. From the calculations you have made in 1a, comment on the changes you observe for Equity capital, Land & Buildings, Plant & Equipment, Accounts receivable and Administrative expenses.

	2020 (in BHD)	2021 (in BHD)
Equity capital	425	500
Net sales	4,500	5,250
Accounts payable	155	200
Inventory	260	290
Cost of goods sold	2,800	3,300
Plant and equipment	525	450
Non-current Liabilities	600	650
Cash at bank	45	30
Land & Buildings	650	850
Administrative expenses	600	570
Reserves	420	450
Selling expenses	550	500
Accounts receivable	120	180