The comparative financial statements prepared at December 31 for Golden Corporation showed the Required: 1. Complete the two final columns shown beside each item in Golden Corporation's comparative financial statements. TIP: Calculate the increase (decrease) by subtracting the previous year from the current year. Calculate the percentage by dividing the amount of increase (decrease) by the previous year balance. (Decreases should be indicated by a minus sign. Round percentage values to 1 decimal place.) GOLDEN CORPORATION increase Edsus Previous in Current Current Previous Amount Income Statement Sales revenue Cost of goods sold Gross profit 102196 10.5 9.8 $ 188,000 170,600 17,400 10,800 6,600 3,700 180 2,720 1.400 9,0801,320 103,200 87,400 51,200 3,320 12,880 3,800 114,000 74,000 54,900 3,500 15,600 5.200 $ 10.400 7.2 5.4 21.1 36.8 Interest expense Income before income taxes Income tax expense Net income Balance Sheet Cash Accounts receivable (net) Inventory Property and equipment (net) 14 5 96 $ 2,8007,200 (4.400) 400 5,000 4,600 $ 110,000 107,2002,800 $ 16,800 S 20,600 3,800) 81.1 6 10.8 14.0 11.0 19,800 40.800 46.800 22,200 35,800 42,000 26 % 184 % Current liabilities Note payable long-term) Common stock (par $5) Additional paid-in capital Retained earnings 37.000 38,000 5,800 12.400 37,000 38,000 5,800 5,800 0.0 0.0 0.0 113.8 6,600 $ 110,000S 107,200 S 800 001 % During the current year, cash dividends of $3,800 were declared and paid. 2-a. Use the horizontal (trend) analyses to identify the accounts where a large percentage change is accompanied by a small dollar change. (Select all that apply.)