Question: Complete this Horizontal analysis CORBIN COMPANY [Horizontal Analysis] Balance Sheets FYE 12/31 Increase or (Decrease) Assets 2015 2014 Amount Percentage Current assets $ 257,000 $

Complete this Horizontal analysis
CORBIN COMPANY [Horizontal Analysis]
Balance Sheets
FYE 12/31
Increase or (Decrease)
Assets 2015 2014 Amount Percentage
Current assets $ 257,000 $ 198,000
Plant assets (net) 550,000 560,000
Total assets $807,000 $758,000
Liabilities and Stockholders' Equity
Current liabilities 175,000 158,000
Long-term liabilities 160,000 170,000
Total liabilities 335,000 328,000
Stockholders' equity
Common stock ($5 par) 195,000 185,000
Retained earnings 277,000 245,000
Total stockholders' equity 472,000 430,000
Total liabilities and stockholders' $807,000 $758,000

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