2. Prepare a horizontal analysis for 2022 using 2021 as the base year. (Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) FEDERER SPORTS APPAREL Balance Sheet December 31 Year 2022 2021 Increase (Decrease) Amount % Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ 3,045,000 1,743,000 3,045,000 15,561,000 (2,394,000) $ 21,000,000 $ 988,000 1,368,000 2,280,000 15,561,000 (1,197,000) $ 19,000,000 $ 2,337,000 $ 1,827,000 1,827,000 8,778,000 8,568,000 $ 21,000,000 8,778,000 7,885,000 $ 19,000,000