3. Horizontal analysis: balance sheet Aa Aa Singh Inc.'s balance sheets as of December 31, 2013, and December 31, 2012 are shown. Fill in the horizontal analysis for Singh's balance sheets at December 31, 2013, and December 31, 2012. Round all percentages to one decimal point (for example, 47.85% 47.9%). Indicate a decrease by typing a n front of the amount or percentage. Be sure to complete all the cells for the horizontal analysis, including 0 (a zero) for no change. Singh Inc. Comparative Balance Sheet December 31, 2013 and 2012 Increase (Decrease) 2012 Amount Percent 2013 Assets $8,000 $8,000 Cash 8,000 Temporary investments 6,800 8,400 6,000 Accounts receivable (net) 2,470 1,600 Inventories 2,000 Other current assets 2,000 Total current assets 27,670 25,600 Property, plant, and equipment 14,400 14,400 $42,070 $40,000 Total assets Liabilities Accounts payable $16,770 $14,000 Wages payable 1,200 2,000 2,000 Notes payable 6,000 6,000 Other current liabilities $23,970 $24,000 Total current liabilities Long-term liabilities 4,000 70 $28,000 Total liabilities