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-76.5 Question 2 of 7 View Policies Current Attempt in Progress Here is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities
-76.5 Question 2 of 7 View Policies Current Attempt in Progress Here is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2020 $122.400 394.965 89,600 128,934 165.945 132886 December 31, 2019 $100,000 335.000 70,000 87.000 111.000 167.000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (Enter negative amounts and percentages using elther a negative sign preceding the numberes-45, -45% or parentheseses (45).(45%). Round percentages to decimal place.c.8. 12.3%) GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) 2020 2019 Amount Percentage Assets Current assets $122.400 $100,000 22/100 GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) 2019 Amount Percentage 2020 Assets Current assets $122.400 $100,000 $ 22.000 224 Plant assets (net) 394,965 335.000 Total assets $517.365 $435.000 $ X Liabilities Current liabilities $89,600 $70,000 $ X Long-term liabilities 128,934 87.000 210.534 157,000 Total liabilities Stockholders' Equity Common stock, 51 par 165.15 111.000 Retained earnings 132.886 167,000 298,831 278.000 Total stockholders' equity Total liabilities and stockholders' equity 5517365 $435.000 MacBook Air
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