1. Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. (Decreases should be indicated by a minus sign. Round your percentage values to 1 decimal place.)

2. Which account increased by the largest dollar amount?

3. Which account increased by the largest percentage?

PA13-1 Analyzing Financial Statements Using Horizontal Analyses [LO 13-2, LO 13-5] The comparative financial statements prepared at December 31 for Pinnacle Plus showed the following summarized data: Required: 1 Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. (Decreases should be indicated by a minus sign. Round your percentage values to 1 decimal place.) PINNACLE PLUS Horizontal Analysis Increase (Decrease) in the Current year (versus Previous year) Current Year Previous Year Amount Percentage Income Statement Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) Net Income Balance Sheet Cash Accounts Receivable, Net Inventory Property and Equipment, Net Total Assets Accounts Payable Income Tax Payable Note Payable (long-term) Total Liabilities Common Stock (par $10) Retained Earningst Total Liabilities and Stockholders' Equity$ 214,280$199,100 $117,000103,900 48.700 55,200 34,750 4,700 15,750 4.725 11,025 53,400 63,600 39.500 4,700 19,400 5.820 $ 13,580$ $74.480$40,600 10.600 39.400 108,500 $ 214,280$199100 35,700 1,200 47,000 83,900 87,000 28,200 18,400 25.700 95.700 $43,400$ 2,400 47,000 92,800 87,000 34,480 During the current year, cash dividends amounting to $7,300 were declared and paid