Current Attempt in Progress

Here is financial information for Glitter Inc.

		December 31, 2020		December 31, 2019
Current assets		$124,400		$100,000
Plant assets (net)		394,788		334,000
Current liabilities		87,780		70,000
Long-term liabilities		137,772		86,000
Common stock, $1 par		166,362		119,000
Retained earnings		127,274		159,000

Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.)

GLITTER INC. Condensed Balance Sheets December 31
							Increase or (Decrease)
		2020		2019			Amount		Percentage
Assets
Current assets		$124,400		$100,000			$enter a dollar amount		enter your answer in percentages rounded to 1 decimal place %
Plant assets (net)		394,788		334,000			enter a dollar amount		enter your answer in percentages rounded to 1 decimal place %
Total assets		$519,188		$434,000			$enter a subtotal of the two previous amounts		enter your answer in percentages rounded to 1 decimal place %
Liabilities
Current liabilities		$87,780		$70,000			$enter a dollar amount		enter your answer in percentages rounded to 1 decimal place %
Long-term liabilities		137,772		86,000			enter a dollar amount		enter your answer in percentages rounded to 1 decimal place %
Total liabilities		225,552		156,000			enter a subtotal of the two previous amounts		enter your answer in percentages rounded to 1 decimal place %
Stockholders' Equity
Common stock, $1 par		166,362		119,000			enter a dollar amount		enter your answer in percentages rounded to 1 decimal place %
Retained earnings		127,274		159,000			enter a dollar amount		enter your answer in percentages rounded to 1 decimal place %
Total stockholders' equity		293,636		278,000			enter a subtotal of the two previous amounts		enter your answer in percentages rounded to 1 decimal place %
Total liabilities and stockholders' equity		$519,188		$434,000			$enter a total amount in dollars for liabilities and stockholders' equity		enter your answer in percentages rounded to 1 decimal place %

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