Question: Using these data from the comparative balance sheets of Sandhill Company, perform a horizontal analysis. (If amount and percentage are a decrease show the

Using these data from the comparative balance sheets of Sandhill Company, perform a horizontal analysis. (If amount and percentage are a decrease show the numbers as negative, eg.-55,000, -20% or (55,000), (20%).) December 31, 2025 December 31, 2024 Increase or (Decrease) Amount Percent Accounts receivable $556,800 $480,000 $ % (net) Inventory $876,000 $730,000 $ 146000 % Total assets $3,306,000 $2,900,000 $ 406000 %

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