Available points: 50 Horizontal analysis refers to changes in financial statement numbers across two or more years. Vertical analysis refers to financial amounts for each year expressed as proportions of a base such as sales for the income statement accounts and assets for the balance sheet accounts. These analyses and other facts can assist auditors to discern relationships that raise questions about misleading financial statements. Attached is an Excel sheet with select financial statement for Inter-Galactic Services, Inc. for fiscal years 2021 and 2022. Consider the following: The company is a cloud service provider that offers one and two year contracts. The majority of clients pay the full contract price in advance. The fiscal year end is December. The 2021 financial statements is audited. Assume these statements contained no material error or misstatements and relationships represent historic norms. Prior years' performance has been flat. A new CEO was appointed in December 2021. Debt and equity capital was obtained early January 2022 and the proceeds immediately deployed to partially fund the acquisition of property plant