2) The comparative balance sheet of Beta Communications Corporation appears below: BETA COMMUNICATIONS CORPORATION Comparative Balance Sheet December 31 Assets Current assets Property, plant, and equipment Total assets Liabilities and shareholders' equity Current liabilities Long-term debt Common shares Retained earnings Total liabilities and shareholders' equity 2022 2021 $ 322 $280 678 520 $1,000 $800 $ 180 $120 200 160 320 320 300 200 $1,000 $800 (a) Using horizontal analysis, show the percentage change for each balance sheet item using 2007 as a base year. (b) Using vertical analysis, prepare a common size comparative balance sheet. (c) Comment on your analysis