Using the following selected items from the comparative balance sheet of Kato Company, illustrate horizontal and vertical analysis. (Round answers to 1 decimal place, e.g. 15.2.)

Using the following selected items from the comparative balance sheet of Kato Company, illustrate horizontal and vertical analysis. (Round answers to 1 decimal place, e.g. 15.2.) HORIZONTAL ANALYSIS December 31, 2020 December 31, 2019 December 31, 2020 December 31, 2019 Accounts Receivable $ 720,000 $ 630,000 % % Inventory 450,000 360,000 % % Total Assets 3,200,000 3,000,000 % % Using the following selected items from the comparative balance sheet of Kato Company, illustrate horizontal and vertical analysis. (Round answers to 1 decimal place, e.g. 15.2.) HORIZONTAL ANALYSIS VERTICAL ANALYSIS December 31, 2020 December 31, 2019 December 31, 2020 December 31, 2019 % % % % % % % % % % % %