Question: Current Attempt in Progress Here is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained

Current Attempt in Progress Here is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2020 $124.400 394 272 85.994 132,675 166,750 133.253 December 31, 2019 $100,000 333,000 73,000 87,000 115,000 158,000 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 es-45,-45% or parentheses es (45). (45%). Round percentages to 1 decimal place, es, 12.3%) GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) 2019 Amount Percentage 2020 Assets $124.400 Current assets $100,000 % X Plant assets (net) 394.272 333,000 $518,672 $433.000 96 S Total assets Liabilities Current liabilities % $85.994 S $73,000 % 132.675 87.000 9 218,669 160,000 % 166,750 115,000 Long-term liabilities Total liabilities Stockholders' Equity Common stock, $1 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity * 133,253 158,000 96 300,003 273.000 30 $518,672 $433,000
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