a. Using horizontal analysis, show the percentage change for each balance sheet item using Year 1 as a base year. If required, round percentage to one decimal place. If required use the minus sign to indicate decreases in amounts and percents (negative values). Randolph Company Comparative Balance Sheet For the Years Ended December 31, Year 2 and Year 1 Assets Year 2 Year 1 Increase Decrease Amount Increase/ Decrease Percentage Current assets $445 $280 % Plant assets 680 520 Total assets $1,125 $800 % Liabilities & stockholders' equity Current liabilities $285 $120 % Long-term debt 255 160 Common stock 325 320 Retained earnings 260 200 Total liabilities and stockholders' equity $1,125 $800 % The balance sheet data of Randolph Company for two recent years appears below: Assets: Current assets Plant assets Total assets Year 2 Year 1 $445 $280 680 520 $1,125 $800 Liabilities and stockholders' equity: Current liabilities $285 $120 Long-term debt 255 160 Common stock 325 320 Retained earnings 260 200 Total liabilities and stockholders' equity $1,125 $800 Required: a. Using horizontal analysis, show the percentage change for each balance sheet item using Year 1 as a base year. If required, round percentage to one decimal place. If required, use the minus sign to indicate decreases in amounts and percents (negative values)