Complete the 2 final columns

PINNACLE PLUS Horizontal Analysis Increase (Decrease) in the Current year (versus Previous year) Current Year Previous Year Amount Percentage Income Statement s 120.000 s 106,000 Sales Revenue Cost of Goods Sold Gross Profit 57,000 Operating Expenses 41,000 35,500 Interest Expense Income before Income Tax Expense 16,500 20,000 Income Tax Expense (30%) 6,000 4,950 Net Income 14,000 11,550 Balance Sheet Cash 77,900 43,000 Accounts Receivable, Net 19,000 10,000 Inventory Property and Equipment, Net Total Assets 218,900 203,000 Accounts Payable 44,000 36,000 Income Tax Payable 3,000 1,500 Note Payable (long-term) 50,000 50,000 Total Liabilities 97,000 87,500 Common Stock (par $10) 87,000 87,000 Retained Earningst 34,900 28,500 Total Liabilities and Stockholders' Equity 218,900 S 203,000 tDuring the current year, cash dividends amounting to $7,600 were declared and paid