Condensed data from the comparative statement of financial position of Lawn Inc. follow:

1) Using horizontal analysis, calculate the percentage of a base-year amount, using 2016 as the base year. (Round answers to 1 decimal place, e.g. 15.2%.)

2) Using horizontal analysis, calculate the percentage change for each year. (Round percentage to 1 decimal place, e.g. 15.2%. Enter negative amounts using either a negative sign preceding the number e.g. -45.1 or parentheses e.g. (45.1)%.)

Question 2 2018 2017 2016 $117,000 $105,000 102,000 398,000 334,000 297,000 110,000 99,000 95,000 Non-current liabilities 90,000 110,000 121,000 111,000 99,000 99,000 204,000 131,000 84,000 Current assets Non-current assets Current liabilities Retained earnings Using horizontal analysis, calculate the percentage of a base-year amount, using 2016 LAWN INC. Horizontal Analysis of Statement of Financial Position (o of base-year amount) 2018 2017 2016 Current assets 100 % Non-current assets 12.5% 100 % Current liabilities 4.2% 100 % Non-current liabilities -18.2% 100 % Common shares 12.1% 100 % Retained earnings 55.7% 100 % LAWN INC. Horizontal Analysis of Statement of Financial Position (% change between periods) 2018 Increase (Decrease) 2017 Increase (Decrease) 2016 Amount Amount Assets Current assets 117,000 12000 105,000 3000 102000 Non-current assets 398,000 64000 334,000 37000 297000 Total assets 515000 76000 439000 40000 399000 Liabilities and Shareholders' Equity Liabilities Current liabilities 110,000 11000 99,000 4000 95000 Non-current liabilities 90,000 (10000) 110,000 (11000) 121000 Total liabilities 100000 1000 209000 (7000) 216000 Shareholders' equity Common shares 111,000 12000 99,000 0 99000 Retained earnings 204,000 73000 131,000 47000 84000 Total shareholders' equity 205000 85000 230000 47000 183000 Total liabilities and shareholders' equity 305000 86000 439000 40000 399000