The balance sheet data below for Randolph Company for two recentyears.

Assets	Year 2	Year 1
Current assets	$445	$280
Plant assets	680	520
Total assets	$1,125	$800
Liabilities & Stockholders' Equity
Current liabilities	$285	$120
Long-term debt	255	160
Common stock	325	320
Retained earnings	260	200
Total liabilities and stockholders' equity	$1,125	$800

Required:

a. Using horizontal analysis, show thepercentage change for each balance sheet item using Year 1 as abase year. If required, round percentage to one decimal place. Ifrequired, use the minus sign to indicate decreases in amounts andpercents (negative values).

1. Randolph Company
   Comparative Balance Sheet
   December 31, Year 2 and Year 1
   Assets	Year 2	Year 1	Increase/Decrease Amount	Increase/Decrease Percentage
   Current assets	$445	$280	$	%
   Plant assets	680	520		%
   Total assets	$1,125	$800	$	%
   Liabilities & stockholders' equity
   Current liabilities	$285	$120	$	%
   Long-term debt	255	160		%
   Common stock	325	320		%
   Retained earnings	260	200		%
   Total liabilities and stockholders' equity	$1,125	$800	$	%

   b. Using vertical analysis, prepare acomparative balance sheet. If required, round your answers to onedecimal place.

   Randolph Company
   Comparative Balance Sheet
   December 31, Year 2 and Year 1
   Assets	Year 2 Amount	Year 2 Percent	Year 1 Amount	Year 1 Percent
   Current assets	$445	%	$280	%
   Plant assets	680	%	520	%
   Total assets	$1,125	%	$800	%
   Liabilities & stockholders' equity
   Current liabilities	$285	%	$120	%
   Long-term debt	255	%	160	%
   Common stock	325	%	320	%
   Retained earnings	260	%	200	%
   Total liabilities and stockholders' equity	$1,125	%	$800	%