please answer all requirements with clear notes so i am able to understand

please answer all requirements with clear notes so i am able to understand

Miami Optical Company reported the following amounts on its balance sheet at December 31, 2024 and 2023: (Click the icon to view the amounts.) Prepare a vertical analysis of Miami's assets for 2024 and 2023. Begin by preparing a vertical analysis of Miami's assets for 2024, then prepare a vertical analysis for 2023. (Round the percent of total amounts to one decimal place, XX%.) Miami Optical Company Balance Sheet (partial) December 31, 2024 and 2023 2024 Percent of Total Cash and Receivables $ 83,190 % Merchandise Inventory 61,655 % Property, Plant and Equipment, Net 150,155 % $ 295,000 Total Assets Data Table - * 2024 2023 Cash and Receivables 83,190 $ 78,375 Merchandise Inventory 61,655 58,995 150,155 147,630 Property, Plant, and Equipment, Net $ 295,000 $ 285,000 Total Assets Print Done