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Question 1 (16 marks) Crystal Clear Products Incorporated reports the following comparative Balance sheet Crystal Clear Products Incorporated Comparative Balance Sheet 31-Dec 21 increase (Decreas) Dollar Amount Assets Cash Accounts Receivable Total Current Assets $ $ $ 2021 80,000 $ 47,000 $ 127,000 $ 2020 95,000 33,000 128,000 Property, plant and equipment, net Loans Receivable Total Assets $ $ 220,000 $ 85,000 $ 432,000 $ 199,000 61,000 388,000 Liabilities Accounts Payable Bank Loan $ $ 52,000 $ 75,000 $ 48,000 48,000 Shareholder Equity Common Shares Retained Earning Total Shareholders Equity $ $ 75,000 $ 230,000 $ 75,000 217,000 $ 305,000 $ 292,000 Total Liabilities & Shareholder's Equity $ 432,000 $ 388,000 Required 1. Using the following information, using 2020 as the base year, perform a horizontal analysis for 2021. 2. Assume the company considers a 10% increase or decrease to be significant. Based on that prepare a summary of what should be further investigated and why you think there is a risk or opportunity based on the analysis you have just performed