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 2021 Year Increase (Decrease) 2020 Amount Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds Land $ 217,800 $ 148,000 101,700 51,200 91,800 159,200 28,800 14,400 100,800 0 191,700 253,600 Equipment 213,300 201,600 Less: Accumulated depreciation (45,900) (28,000) Total assets $ 900,000 $ 800,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 59,400 $ 84,800 Interest payable 28,800 14,400 15,300 15,200 Income tax payable Long-term liabilities: Notes payable Stockholders' equity: 301,500 280,000 Common stock 288,000 288,000 Retained earnings 207,000 117,600 Total liabilities and stockholders' equity $ 900,000 $ 800,000