Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Cash Accounts receivable Equipment, net Land Total assets Current Year $ 11,000 Prior Year $ 13,800 61,000 58,000 26,400 51,200 98,500 73,000 $ 228,500 $ 164,400 QS 13-5 (Algo) Horizontal analysis LO P1 Compute the annual dollar 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.) Percent change = Horizontal Analysis - Calculation of Percent Change Numerator: Denominator: Current Year Prior Year Dollar Change Cash $ 11,000 $ 13,800 Accounts receivable 61,000 26,400 Equipment, net 58,000 51,200 Land Total assets 98,500 73,000 $ 228,500 $164,400 Percent Change % % % % %