prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (round percentages to 1 decimal place)

Question 6 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 $124,000 394,965 87,827 128,920 165,984 136,234 December 31, 2019 $100,000 335,000 71,000 88,000 114,000 162,000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base yea number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages GLITTER INC. Condensed Balance Sheets December 31 2020 2019 CALCULATO Condensed Balance Sheets December 31 Increase or (Decrease) Amount Percentage 202020 Assets Current assets $124,000 $100,000 Plant assets (net) 394,965 335,000 Total assets $518,965 $435,000 Liabilities Current liabilities $87,827 $71,000 Long-term liabilities 128,920 88,000 Total liabilities 216,747 159,000 Stockholders' Equity Common stock, si par 165,984 114,000 Retained earnings 136,234 162,000 Total stockholders equity 302,218 276,000 Total liabilities and stockholders' equity $518,965 $435,000 Search 10 e 13 hp