Presented below is the comparative balance sheet for Indigo Company.

Indigo Company Comparative Balance Sheet As of December 31, 2021 and 2020
		December 31
		2021			2022
Assets
Cash		$181,000			$272,500
Accounts receivable (net)		218,100			155,200
Short-term investments		271,100			149,100
Inventories		1,066,900			978,500
Prepaid expenses		24,800			24,800
Plant & equipment		2,604,700			1,948,400
Accumulated depreciation		(1,003,600)			(743,000)
		$3,363,000			$2,785,500
Liabilities and Stockholders Equity
Accounts payable		$49,800			$74,700
Accrued expenses		168,900			200,700
Bonds payable		452,100			189,100
Capital stock		2,108,600			1,782,200
Retained earnings		583,600			538,800
		$3,363,000			$2,785,500

(b)

Prepare a comparative balance sheet of Indigo Company showing the dollar change and the percent change for each item. (If there is a decrease from 2020 to 2021, then enter the amounts and percentages with either a negative sign, i.e. -92,000, -25.25 or parenthesis, i.e. (92,000), (25.25).)

INDIGO COMPANY Comparative Balance Sheet December 31, 2021 and 2020 December 31 2021 2020 $ Change Increase or (Decrease) % Change Assets Cash $181,000 $272,500 $ % Accounts receivable (net) 218,100 155,200 % Investments 271,100 149,100 % Inventories 1,066,900 978,500 % 24,800 24,800 % Prepaid expenses Plant and equipment Accumulated depreciation 2,604,700 1,948,400 % (1,003,600 ) (743,000) % Total $3,363,000 $2,785,500 $ % $74,700 $ % Liabilities and Stockholders' Equity Accounts $49,800 payable Accrued 168,900 expenses Bonds 452,100 payable Capital stock 2,108,600 200,700 % 189,100 % 1,782,200 % Retained earnings 583,600 538,800 % Total $3,363,000 $2,785,500 $ %