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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), (2006). Round percentages to 1 decimal place, eg. 12.1%.) KINGBIRD, INC. Increase or (Decrease 2017 2016 Amount Percentage Assets Current Assets $109,400 $92,200 17,20 Plant assets (net) 402,200 353,400 48,800 114 % Total assets $511,600 $445,600 Liabilities Current Liabilities $101,200 $68,400 Long-term liabilities 125,400 92,200 33,200 Total liabilities $226,600 $160,600 66,000 Stockholders Common stock, $1 par Retained earnings 133,400 118,400 151,600 166,600 285,000 285,000 15,000 15,000 Total stockholders' equity Total liabilities and stockholders 511,600 $445,600 equity 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), (2006). Round percentages to 1 decimal place, eg. 12.1%.) KINGBIRD, INC. Increase or (Decrease 2017 2016 Amount Percentage Assets Current Assets $109,400 $92,200 17,20 Plant assets (net) 402,200 353,400 48,800 114 % Total assets $511,600 $445,600 Liabilities Current Liabilities $101,200 $68,400 Long-term liabilities 125,400 92,200 33,200 Total liabilities $226,600 $160,600 66,000 Stockholders Common stock, $1 par Retained earnings 133,400 118,400 151,600 166,600 285,000 285,000 15,000 15,000 Total stockholders' equity Total liabilities and stockholders 511,600 $445,600 equity