Question: Prepare a schedule showing a horizontal analysis for 2027, using the 2026 as the base year. Here is financial information for Sheridan Inc. December 31,

Prepare a schedule showing a horizontal analysis for 2027, using the 2026 as the base year.

Here is financial information for Sheridan Inc. December 31, 2027 December 31, 2026 Current assets $101,394 $ 86,000 Plant assets (net) 363.341 319,000 Current liabilities 95.160 61,000 Long-term liabilities 106.575 81,000 Common stock, $1 par 130.525 115,000 Retained earnings 132,475 148.000

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