. Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. (Decreases should be indicated by a minus sign. Round your percentage values to 1 decimal place.) PINNACLE PLUS Horizontal Analysis Increase (Decrease) in the Current year (versus Previous year) Current Year Previous Year Amount Percentage Income Statement Sales Revenue $116,000 $103,200 % Cost of Goods Sold 53,200 48,600 Gross Profit 62,800 54,600 Operating Expenses 39,000 34,500 Interest Expense 4,600 4,600 Income before Income Tax Expense 19,200 15,500 Income Tax Expense (30%) 5,760 4,650 Net Income $13,440 $10,850 % Balance Sheet Cash $68,340 $34,800 % Accounts Receivable, Net 18,200 10,800 Inventory 25,600 39,200 Property and Equipment, Net 95,600 108,000 Total Assets $207,740 $192,800 % Accounts Payable $43,200 $35,600 % Income Tax Payable 2,200 1,100 Note Payable (long-term) 46,000 46,000 Total Liabilities 91,400 82,700 Common Stock (par $10) 82,000 82,000 Retained Earnings 34,340 28,100 Total Liabilities and Stockholders Equity $207,740 $192,800 % During the current year, cash dividends amounting to $7,200 were declared and paid.

2-a. Which account increased by the largest dollar amount?

2-b. Which account increased by the largest percentage?