Modern Moving Company Reported the Following Amounts on Its Balance

Multiple Choice

Modern Moving Company reported the following amounts on its balance sheet as of December 31,2019 and December 31,2018: $$\begin{array} { | l | r | r | } \hline & { 2019 } & { 2018 } \\\hline \text { Cash and Receivables } & \$ 155,000 & \$ 145,000 \\\hline \text { Merchandise Inventory } & 205,000 & 160,000 \\\hline \text { Property, Plant and Equipment, net } & 850,000 & 730,000 \\\hline \text { Total Assets } & \$ 1,210,000 & \$ 1,035,000 \\\hline \text { Total Liabilities } & \$ 535,000 & \$ 475,000 \\\hline\end{array}$$ For the vertical analysis,what is the percentage of stockholders' equity as of December 31,2019? (Round your answer to two decimal places.)

A) 100.00%
B) 54.11%
C) 55.79%
D) There is not enough information provided to make this computation.