Question: Current Attempt in Progress Here is financial information for Skysong, Inc. December 31, 2019 Current assets $96,944 Plant assets (net) 390,786 Current liabilities 102.603 Long-term


Current Attempt in Progress Here is financial information for Skysong, Inc. December 31, 2019 Current assets $96,944 Plant assets (net) 390,786 Current liabilities 102.603 Long-term liabilities 121.127 Common stock, S1 par 137.982 Retained earnings 126.018 December 31, 2018 $83.000 341.000 69.000 91,000 122.000 142.000 Prepare a schedule showing a horizontal analysis for 2019, usine 2018 as the base your Of amount and percentage are a decrease show the numbers as negative, es 55,000, -20% or (55.000), (20%. Round percentages to 1 decimal place, 63. 12.1%) SKYSONG, INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2018 Amount Percentage 2019 $96.944 $83.000 $ 36 390.786 341,000 98 $487,730 $424,000 $ Assets Current Assets Plant assets (net) Total assets Liabilities Current Liabilities Long-term liabilities Total liabilities Stockholders' Equity Common stock, $1 par Retained earnings $102,603 $69.000 $ 121.127 91,000 % $223,730 $160,000 $ 36 137.982 122.000 126,018 142.000 Total stockholders' equity 264.000 264,000 Total liabilities and $96.944 583.000 $ 390,786 341.000 96 $487.730 $424.000 s 36 $102,603 $69,000 S 121.127 91.000 96 Current Assets Plant assets (net) Total assets Liabilities Current Liabilities Long-term liabilities Total liabilities Stockholders' Equity Common stock, $1 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $223.730 $160,000 $ 137.982 122.000 % 126.018 142,000 264.000 264,000 23 $487,730 $424.000 $
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