B. CALCULATOR PRINTER VERSION Exercise 13-3 Here is financial information for Skysong, Inc. December 31, 2016 December 31, 2017 Current assets $110,800 93,400 Plant assets (net) 403,400 354,800 Current liabilities 102,400 69,800 126,800 93,400 Long-term liabilities Common stock, $1 par 134,800 119,800 Retained earnings 150,200 165,200 Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) SKYSONG, INC. Condensed Balance Sheet December 31 Increase or (Decrease) Percentage 2017 2016 Amount Assets % $110,800 $93,400 Current Assets Plant assets (net) % 403,400 354,800 Total assets $514,200 $448,200 % Liabilities Current Liabilities $102,400 $69,800 % $ Long-term liabilities 126,800 93,400 % $163,200 Total liabilities $229,200 % Stockholders' Equity 119,800 Common stock, $1 par % 134,800 Retained earnings 150,200 165,200 Total stockholders' equity % 285,000 285,000 $514,200 $448,200 Total liabilities and stockholders' equity % Open Show Work Click if you would like to Show Work for this