Required information Use the following information for the Quick Studies below. (Algo) The following information applies to the questions displayed below.) Current Prior Year Year Cash $ 8,000 $ 8,800 Accounts receivable 55,000 19,200 Equipment, net 46,000 41,600 Land 92,500 67,000 $ $ Total assets 201,500 136,600 OS 17-5 (Algo) Horizontal analysis LO P1 Compute the annual dolor changes and percent changes for each of the following items (Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.) Horizontal Analysis - Calculation of Percent Change Numerator: Denominator: Percent change = Current Year Prior Year Dollar Change Cash 8,000 $ 8,800 Accounts 55,000 19,200 receivable Equipment, net 46,000 41,600 Land 92,500 67,000 $ Total assets 201,500 136,600 Percent Change $ $ % D Percent Change entered with a minus sign. Round your percentage answers to one Horizontal Analysis - Calculation of Percent Change Numerator: Denominator: Percent change Dollar Change Cash Base year amount Accounts Base year amount minus current year amount receivable Equipment, net Current year amount Land Current year amount minus base year amount