Required: 1. Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements, 2-a. Which account increased by the largest dollar amount? 2.b. Which account increased by the largest percentage? Current Previous Previous year) Amount Percentage Year Year $ % 13.6 10.6 122,000 54,400 67,600 35,000 3,800 28,800 8,640 20,160 107,400 49,200 58,200 32,200 3,800 22,200 6,660 15,540 5,200 9,400 2,800 0 6,600 1,980 4,620 0.0 29.7 29.7 29.7 OOO % Income Statement Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) Net Income Balance Sheet Cash Accounts Receivable, Net Inventory Property and Equipment, Net Total Assets Accounts Payable Income Tax Payable Note Payable (long-term) Total Liabilities Common Stock (par $10) Retained Earnings Total Liabilities and Stockholders' Equity % 75,860 17,400 24,800 94,800 $ 212,860 % $ $ 44,400 1,400 38,000 83,800 88,000 41,060 212,860 38,200 $ 37,660 10,400 700 37.600 (12,800) 104,000 (9,200) 190,200 $ 22,660 36,200 $ 7,800 700 700 38,0000 74,900 8,900 88,0000 27,300 13,760 190,200 $ 22,660 98.6 67.3 34.1 X 8.8 X 11.9 21.5 X 100.0 0.0 11.9 00 50.4 11.9 % $ $ Reg 2A >