2. Prepare a horizontal analysis of Sports Unlimited's 2024 balance sheet using 2023 as the base year. (Values to be deducted and decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: SPORTS UNLIMITED Balance Sheets For the Years Ended December 31 Year 2024 Increase (Decrease) 2023 Amount % $ 210,600 $ 98,100 135,000 52,500 88,200 138,000 18,000 9,000 Investment in bonds 104,400 15,600 Land 176,400 265,500 Equipment 288,900 193,500 Less: Accumulated depreciation (84,600) (43,500) Total assets $ 900,000 $ 765,600 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable $ 66,600 $ 105,750 9,000 4,500 21,600 20,250 Income tax payable Long-term liabilities: Notes payable Stockholders' equity: 315,900 172,500 Common stock 270,000 270,000 Retained earnings 216,900 192,600 Total liabilities and stockholders' equity $ 900,000 $ 765,600