Tri $-$ State Corp. 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 Tri $-$ State Corp. for $2024$ and $2023.$

Begin by preparing a vertical analysis of Tri $-$ State assets for $2024,$ then prepare a vertical analysis for $2023.($Round the percent of total amounts to one decimal place, X X$\%.)$

$\backslash$table$[[\backslash$table$[[$Tri$-$State Optical Company$],[$Balance Sheet $($partial$)],[$December $31,2024$ and $2023]]],[,,2024,$Percent of Total,,$2023,$Percent of Total$],[$Cash and Receivables,$$,60,420,\%,$$$,32,700,\%],[$Merchandise Inventory,,$31,160,,,11,800,],[$Property$,$ Plant and Equipment, Net,,$98,420,,,55,500,],[$Total Assets,,$190,000,\%,$$$,100,000,\%]]$