11 'One-third was credit sales. tDuring Year 2 , cash dividends amounting to $5,000 wore declared and paid. Required: 1. Using the concept of horizental analyis, complete the following columns for each item in the preceding comparative financial statements (Negotive answers should be indicated by a minus sign. Round percentoge answers to 2 decimal places fi.e., 0.124. should be entered as 12.43).): 11 'One-third was credit sales. tDuring Year 2 , cash dividends amounting to $5,000 wore declared and paid. Required: 1. Using the concept of horizental analyis, complete the following columns for each item in the preceding comparative financial statements (Negotive answers should be indicated by a minus sign. Round percentoge answers to 2 decimal places fi.e., 0.124. should be entered as 12.43).)