1) Prepare a horizontal analysis by computing the amounts and percentage changes for the following balance sheet items; place your answers in the blanks provided.

	20x6	20x5	Amount	Percentage
Assets
Current assets	$ 6,500	$ 5,000
Property, plant, and equipment	22,000	25,000
Total assets	$28,500	$30,000
Liabilities and Stockholders' Equity
Liabilities	$ 5,500	$10,000
Stockholders' equity	23,000	20,000
Total liabilities and stockholders' equity	$28,500	$30,000