Brief Exercise 14-1 Selected data from the comparative statements of financial position of Steering Ltd. are shown below: Cash Accounts receivable Inventory Property, plant, and equipment Intangible assets 2018 $149,000 596,000 780,000 3,146,000 90,000 $4,761,000 2017 $176,000 402,000 594,000 2,827,000 100,000 $4,099,000 2016 $76,000 453,000 696,000 2,829,000 Total assets $4,054,000 Using horizontal analysis, calculate the percentage of a base-year amount, assuming 2016 is the base year. (Round answers to 1 decimal place, e.g. 5.2%.) 2018 2017 2016 Cash Accounts receivable Inventory Property, plant, and equipment LINK TO TEXT Using horizontal analysis, calculate the percentage change for each year. (Round answers to 1 decimal place, e.g. 5.2%. Enter negative amounts using eith parenthesis e.g. (45.1)%.) 2018 2017 Cash Accounts receivable Inventory Property, plant, and equipment Intangible assets