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2. Prepare a horizontal analysis of Sports Unlimited's 2024 balance sheet using 2023 as the base year. (Values to be dedue and decreases should be

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2. Prepare a horizontal analysis of Sports Unlimited's 2024 balance sheet using 2023 as the base year. (Values to be dedue and decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) (1) Required information \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multirow{2}{*}{ Assets } & \multicolumn{2}{|c|}{2024} & \multicolumn{2}{|c|}{2023} & \multirow[t]{2}{*}{ Amount } & \multirow[t]{2}{*}{%} \\ \hline & & & & & & \\ \hline \multicolumn{7}{|l|}{ Current assets: } \\ \hline Cash & $ & 103,050 & $ & 78,400 & & \\ \hline Accounts receivable & & 62,550 & & 31,600 & & \\ \hline Inventory & & 50,850 & & 70,000 & & \\ \hline Prepaid rent & & 7,200 & & 3,600 & & \\ \hline \multicolumn{7}{|l|}{ Long-term assets: } \\ \hline Investment in bonds & & 54,450 & & 16,700 & & \\ \hline Land & & 96,300 & & 134,400 & & \\ \hline Equipment & & 102,150 & & 101,200 & & \\ \hline Less: Accumulated depreciation & & (26,550) & & (19,200) & & \\ \hline Total assets & $ & 450,000 & $ & 416,700 & & \\ \hline \multicolumn{7}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline Current liabilities: & & & & & & \\ \hline \end{tabular} (1) Required information

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