Brief Exercise 18-04 Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis. December 31, 2020 December 31, 2019 Accounts receivable Inventory Total assets $516,600 826,000 2,918,700 $420,000 590,000 2,538,000 (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Accounts receivable Inventory Total assets Increase or (Decrease) December 31, 2020 December 31, 2019 Amount Percentage $516,600 $420,000 % 826,000 590,000 % 2,918,700 2,538,000 % Brief Exercise 14-05 For the year ending December 31, 2020, Waterway Inc. reports net income $141,000 and cash dividends $85,500. Determine the balance in retained earnings at December 31, assuming the balance in retained earnings on January 1, 2020, was $220,500. Balance in retained earnings