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.

Alvaraz Company

Comparative Balance Sheet

For the Years Ended December 31

1		Current Year	Current Year	Previous Year	Previous Year
2		Amount	Percent	Amount	Percent
3	Current assets	$1,536,000.00		$1,239,000.00
4	Property, plant, and equipment	3,968,000.00		3,835,000.00
5	Intangible assets	896,000.00		826,000.00
6	Total assets	$6,400,000.00		$5,900,000.00
7	Current liabilities	$1,152,000.00		$826,000.00
8	Long-term liabilities	1,792,000.00		1,947,000.00
9	Common stock	640,000.00		649,000.00
10	Retained earnings	2,816,000.00		2,478,000.00
11	Total liabilities and stockholders equity	$6,400,000.00		$5,900,000.00