2. Prepare a horizontal analysis for 2022 using 2021 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.) incia (DOC) Amount FEDERER SPORTS APIRE Bilance Sheet December 31 Year 2022 2021 Assets Cash $ 2,200,000 $ 800,000 Accounts receivable 1,237,500 990,000 Inventory 3,112,500 1,660,000 Buildings 7,150,000 7,150,000 Less. Accumulated depreciation (1,200,000) (600,000) Total assets $ 12,500,000 $10,000,000 Llabilities and Stockholders' Equity Accounts payable S 1.512,500 $1,250,000 Contingent liability 850,000 Common stock 5,050 000 5.050,000 Retained earnings 5,087 500 3,700,000 Total Habilities and stockholders' equity S. 12,500,000 $10,000,000