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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