2. Prepare a horizontal analysis of Sports Unlimited's 2021 balance sheet using 2020 as the base year. (Negative amounts and Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) SPORTS UNLIMITED Balance Sheets For the years ended December 31 Year Increase (Decrease) Amount % 2021 2020 $ Assets Current assets Cash Accounts receivable Inventory Prepaid rent Long-term assets Investment in bonds 206,150 $ 119.700 102,600 32,300 144,500 60,350 157.250 16,150 Land 129.200 198,550 211,850 (50,350) 950,000 $ 0 305,150 207 400 (40.800) 850,000 $ Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable $ 93,100 $ 32,300 122.400 16.150 22,800 15,300 281,200 264,350 Income tax payable Long-term liabilities: Notes payable Stockholders' equity Common stock Retained earings Total liabilities and stockholders' equity 323,000 197,600 950,000 $ 323,000 108.800 850,000 $