Question: (10 points) Using the information below from ARK Company's partial balance sheet, prepare a schedule showing a horizontal analysis for 2021 using 2020 as the

 (10 points) Using the information below from ARK Company's partial balance

(10 points) Using the information below from ARK Company's partial balance sheet, prepare a schedule showing a horizontal analysis for 2021 using 2020 as the base year. Round all answers to one decimal place. I 2021 $ 110,000 750,000 Current Assets Property, plant and equipment (net) Current Liabilities Long-term Liabilities 2020 $ 88,000 700,000 54,000 77,000 87,000 135,000

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