View Policies Current Attempt in Progress The comparative balance sheet of Whispering Winds Company appears below: WHISPERING WINDS COMPANY Comparative Balance Sheet December 31, Assets 2022 2021 Current assets $420 $250 Plant assets 570 520 Total assets $990 $770 Liabilities and stockholders' equity Current liabilities $280 $180 Long-term debt 220 160 Common stock 160 110 Retained earnings 330 320 Total liabilities and stockholders' equity $990 $770 Using horizontal analysis, show the percentage change for each balance sheet item using 2021 as a base year. (If percentage change is a decrease show the numbers as negative, e.g.-12.1% or (12.1%). Round percentages to 0 decimal places, e.g. 12%.) WHISPERING WINDS COMPANY Comparative Balance Sheet December 31 Assets 2022 2021 Percentage change Current assets $420 $250 % Plant assets 570 520 % Total assets $990 $770 % Liabilities and stockholders' equity Current liabilities $280 $180 % Long-term debt 220 160 % Common stock 160 110 % Retained earnings 330 320 % Total liabilities and stockholders' equity $990 $770 % Using vertical analysis, prepare a common size comparative balance sheet. (Round percentages to 0 decimal places, e.g. 12%.) WHISPERING WINDS COMPANY Comparative Balance Sheet December 31 2022 2021 Assets Amount Percentage Amount Percentage Current assets $420 % $250 % Plant assets 570 % 520 % Total assets $990 % $770 % Liabilities and stockholders' equity Current liabilities $280 % $180 % Long-term debt 220 % 160 % Common stock 160 % 110 % Retained earnings 330 % 320 % Total liabilities and stockholders' equity | 21 $990 % $770 %