Compute the amount and percentage changes for the comparative balance sheets for Davis Company below, and comment on the changes from 2010 to2011.

Davis Company Comparative Balance Sheets December 31, 2011 and 2010 2011 2010 Assets $ 18,600 109464 $128,064 Current assets Property, plant, and equipment (net) Total assets 12,800 97,200 $110,000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $11,200 35,000 81,864 $128,064 3,200 40,000 66,800 $110,000