Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity. If required, round percentages to one decimal place. Alvaraz Company Comparative Balance Sheet For the Years Ended December 31 Current year Amount Current year Percent Previous year Amount Previous year Percent Current assets $323,750 $194,320 Property, plant, and equipment 481,000 451,100 Intangible assets 120,250 48,580 Total assets $925,000 $694,000 Current liabilities $212,750 $117,980 284,540 Long-term liabilities 351,500 Common stock 92,500 97,160 Retained earnings 268,250 194,320 Total liabilities and stockholders' equity $925,000 $694,000