Horizontal analysis

The comparative accounts payable and long$-$term debt balances for a company follow.

Line Item Description Current Year Previous Year

Accounts payable $$36,729$ $$47,700$

Long$-$term debt $95,94073,800$

Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers.

Line Item Description Amount of Change Increase$/$Decrease Percentage

Accounts payable $fill in the blank $1$

fill in the blank $3$

$\%$

Long$-$term debt $fill in the blank $4$

fill in the blank $6$

$\%$