2. Prepare a horizontal analysis for Year 2 using Year 1 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.) Assets COMPANY A Balance Sheet December 31 Year Year 2 Increase (Decrease) Year 1 Amount % 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 $ 2,310,000 $ 840,000 1,305,000 1,044,000 4.005,000 2,136,000 8,580,000 (600,000) 8,580,000 (1,200,000) $ 15,000,000 $ 12,000,000 $ 1,725,000 $ 1,380,000 1,230,000 4,920,000 7,125,000 4,920,000 5,700,000 $ 15,000,000 $ 12,000,000