3 Part 1 of 2 Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Cash 1.66 points Accounts receivable Equipment, net Land Total assets Current Year $ 12,200 Prior Year $ 15,400 63,000 62,000 100,500 28,700 54,400 75,000 $ 237,700 $ 173,500 eBook Print QS 17-5 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following items. (Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.) References Percent change = Horizontal Analysis - Calculation of Percent Change Numerator: Denominator: Current Year Prior Year Dollar Change Cash $ 12,200 $ 15,400 Accounts receivable 63,000 28,700 Equipment, net 62,000 54,400 Land Total assets 100,500 75,000 $ 237,700 $ 173,500 Percent Change % % % % Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.] Cash Accounts receivable Equipment, net Land Total assets Current Year $ 12,200 Prior Year $ 15,400 63,000 28,700 62,000 100,500 54,400 75,000 $ 237,700 $ 173,500 QS 17-6 (Algo) Vertical analysis LO P2 Express the items in common-size percents. (Round your percentage answers to one decimal place.) Cash Accounts receivable Equipment, net Land Total assets Current Year Prior Year % % % % % % % % 0.0 % 100.0 %