1. Using the table provided, answer the following question. If a vertical analysis is performed for 20x1, the base amount for the 100% will be:

   		$55,888
   		$67,968
   		$425,888
   		$452,968

Year 20x1 20x2 Assets Current Assets Cash Accounts Receivables Inventories Prepaid Expenses Total Current Assets $20,888 14,500 12,000 8,500 $55,888 $30,888 18,000 8,000 11,080 $67,968 Plant Assets Intangible Assets $300,000 $70,000 $325,000 $60,000 Total Assets $425,888 $452,968