Exercise 13-3 Your answer is partially correct. Try again. Here is financial information for Splish Brothers Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2017 $109,800 404,700 103,700 125,800 33,800 151,200 December 31, 2016 94,700 353,800 68,800 94,700 18,800 166,200 Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year. (Ir amount and percentage are a decrease show the numbers as negative, a.g. -s5,000, -20% or (55,000), (20%). Round percentages to 1 decimal place.g. 12.1%.) Condensed Balance Sheet December 31 Increase or (Decrease) Amount 2017 2016 Percentage Assets Current Assets $109,800 $94,700 Plant assets (net) 404,700 353,800 Total assets $514,500 $448,500 Liabilities Current Liabilities $103,700 $68,800 125,800 94,700 Long-term liabilities Total liabilities $229,500 $163,500 Stockholders' Equity Common stock, $1 par 133,800 118,800 Stockholders' Equity Common stock, $1 par 133,800 118,800 Retained earnings 151,200 166,200 Total stockholders' equity 285,000 285,000 Total liabilities and stockholders' equity $514,500 $448,500