Balance Sheet This Year Last Year Assets Current Assets: Amount Increase/(decrease) Percent Cash 5 Accounts Receivable 55 $ 20,000 $ 15,000 $ 22,000 $ 25,000 7 Inventory $ 12,000 $ 15,000 B Total Current Assets eProperty, Plant & Equipment (net) $ SSS! $ 54,000 $ 55,000 200,000 $ 170,000 254,000 $225,000 0 Total Assets 1 12 Liabilities & Equities 13 Liabilities: 14 Total Current Liabilities 15 Bonds Payable 16 Total Liabilities 17 Equities: SSS $ 2,500 $ 3,000 $ 80,000 $ 75,000 82,500 $ 78,000 18 Common Stock 19 Retained Earnings 20 Total Equities 21 Total Liabilities & Equities SSSS 100,000 $ 100,000 71,500 $ 47,000 $ 171,500 $ 147,000 $ 254,000 $ 225,000 22 23 Income Statement 24 Sales Revenue 25 Cost of Goods Sold Gross Margin 27 Selling & Administrative Expenses 2222 Operating Income 29 Interest Expense 30 Net Income 31 32 $ 250,000 $ 220,000 SSSSSS $ 160,000 $ 132,000 $ 90,000 $ 88,000 $ 70,000 $ 73,500 $ 20,000 $ 14,500 6,700 S 5,500 $ 13,300 $ 9,000 33 In the yellow spaces above, provide the horizontal analysis rounded to two decimal points 34 35