ertical Balance Sheet for Isrceam factory on December 31,the end of the fiscal year, are shown below 2020 2021 Assets Cash 43500 55000 Inventory 22000 23500 Equipment and Fixtures 380000 255000 Supplies 3800 4100 Prepaid Expenses 9200 12500 Store Design/Buildout 27000 27000 Loan Fee 4000 5500 Advertising and Marketing 2500 3300 Liabilities Bank Loan 150000 170000 Owner Contribution 50000 45000 Prepare a comparative balance sheet for 2021 and 2022, stating each asset as a percent of total assests and each liability and stockholders' equity item as a percent of the total liabilities and stockholders' equity.
Vertical Balance Sheet for Isrceam factory on December 31,the end of the fiscal year, are shown below
2020 2021
Assets
Cash 43500 55000
Inventory 22000 23500
Equipment and Fixtures 380000 255000
Supplies 3800 4100
Prepaid Expenses 9200 12500
Store Design/Buildout 27000 27000
Loan Fee 4000 5500
Advertising and Marketing 2500 3300
Liabilities
Bank Loan 150000 170000
Owner Contribution 50000 45000
Prepare a comparative balance sheet for 2021 and 2022, stating each asset as a percent of total assests and each liability and
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