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 Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ 1,692,000 $ 500,000 1,164,000 800,000 2.424,000 1,200,000 8,280,000 8,280,000 (1,560,000) (780.000) $ 12,000,000 $10,000,000 $ 1,128,000 $1,000,000 1.176,000 5,520,000 5,520,000 4,170,000 3.480,000 $ 12,000,000 $10,000,000