Question: The comparative accounts payable and long - term debt balances for a company follow. Line Item Description Current Year Previous Year Accounts payable $ 1

The comparative accounts payable and long

-

term debt balances for a company follow.

Line Item Description Current Year Previous Year

Accounts payable $

116, 280

102, 000

Long

-

term debt

129, 600 120, 000

Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers.

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