Argentina Moving Company reported the following amounts on its balance sheet as of December 31, 2016 and December 31, 2017

2017 2016
Cash and Receivables $125,000 $145,000
Merchandise Inventory 165,000 170,000
Property, Plant and Equipment, net 760,000 760,000
Total Assets $1,050,000 $1,075,000
Total Liabilities $475,000 $435,000

For the vertical analysis, what is the percentage of stockholders' equity as of December 31, 2017? (Round your answer to two decimal places.)
A) 100.00%
B) 59.53%
C) 54.76%
D) There is not enough information provided to make this computation.

C .C) Vertical analysis % = (Specific item / Base amount) x 100
Vertical analysis % = ($1,050,000 - 475,000/ $1,050,000 ) x 100
Vertical analysis % = 54.76%