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 Increase (Decrease) Amount % 2022 2021 Assets Cash Accounts receivable S 2,925,000 $ 765,000 1,560,000 1,428,000 3,744,000 2,210,000 13,923,000 13,923,000 (2,652,000) (1,326,000) S 19,500,000 $ 17,000,000 Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity S 1,794,000 $ 1,887,000 1,891,500 7,293,000 7,293,000 8,521,500 7.820,000 $ 19,500,000 $ 17,000,000