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Required information Exercise 12-4B Prepare vertical and horizontal analyses (LO12-1, 12-2) [The following information applies to the questions displayed below.] The balance sheets for Company A for Year 2 and Year 1 are presented below. Required: 1. Prepare a vertical analysis of the balance sheet data for Year 2 and Year 1. Express each amount as a percentage of total assets. (Amounts to be deducted should be indicated by a minus sign. Round your answers to 1 decimal place.) 2. Prepare a horizontal analysis for Year 2 using Year 1 as the base year. (Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.)