Complete a horizontal analysis for Brown Company. (Negative answers should be indicated by a minus sign. Leave no cells blank- be certain to enter "O" wherever required. Round the "percent" answers to the nearest hundredth percent.) BROWN COMPANY Comparative Balance Sheet December 31, 2020 and 2019 2020 Increase (Decrease) 2019 Amount Percent Assets Current assets: Cash $ 15,750 $ 10,500 $ 5,250 Accounts receivable 18,000 13,500 4,500 Merchandise inventory 18,750 22,500 (3,750) Prepaid advertising 54,000 45,000 9,000 Total current assets $ 106,500 $ 91,500 $ 15,000 Plant and equipment: Building (net) $ 120,000 $ 126,000 $ (6,000) Land 90,000 90,000 0 Total plant and equipment 210,000 216,000 (6,000) Total assets $ 316,500 $ 307,500 $ 9,000 Liabilities Current liabilities. Cash Accounts receivable 69 15,750 $ 10,500 $ 5,250 18,000 13,500 4,500 Merchandise inventory 18,750 22,500 (3,750) Prepaid advertising 54,000 45,000 9,000 Total current assets $ 106,500 $ 91,500 $ 15,000 Plant and equipment: Building (net) $ 120,000 $ SA 126,000 $ (6,000) Land 90,000 90,000 0 Total plant and equipment 210,000 216,000 (6,000) Total assets $ 316,500 $ 307,500 $ 9,000 Liabilities Current liabilities: Accounts payable $ 132,000 $ 120,000 $ 12,000 Salaries payable 22,500 18,000 4,500 Total current liabilities $ 154,500 $ 138,000 $ 16,500 Long-term liabilities: Mortgage note payable Total liabilities $ EA 99,000 87,000 12,000 253,500 $ 225,000 $ 28,500 Owner's Equity J. Brown, capital Total liabilities and owner's equity EA $ 63,000 82,500 (19,500) 316,500 $ 307,500 $ 9,000