Reference no: EM13571699

Balance sheet data for Otter Creek Company on December 21, the end of the fiscal year, are shown below.

                                                            2012                            2011

Current assets                                     $700,000                                     $504,000

Property, plant, equipment                  945,000                                     770,000

Intangible assets                                 105,000                                     126,000

Current liabilities                                   280,000                                    294,000

Long-term liabilities                               595,000                                     560,000

Common stock                                      140,000                                    140,000

Retained earnings                                 735,000                                     406,000

Prepared a comparative balance sheet for 2012 and 2011, stating each asset as a percent of total assets and each liability and stockholder's equity item as a percent of the total liabilites and stockholder's equity.