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) 2021 2020 Amount % Assets Current assets Cash $ 103,050 $ 78,400 $ -24,650 Accounts receivable 62,550 31,600 Inventory 50,850 70,000 Prepaid rent 7,200 3,600 Long-term assets: Investment in bonds 54,450 0 Land 96,300 134,400 Equipment 102,150 101,200 Less: Accumulated depreciation (26,550) (19,200) Total assets $ 450,000 $ 400,000 Llabilities and Stockholders' Equity Current liabilities: Accounts payable $ 42,300 $ 51,600 Interest payable 7,200 3,600 Income tax payable 12,150 8,000 Long-term liabilities: Notes payable 117.900 114,000 Stockholders' equity: Common stock 144,000 144,000 Retained earings 126,450 78.800 Total liabilities and stockholders' equity $ 450,000 $ 400,000