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Condensed data taken from the ledger of St Louis Company at December 31, for the current and preceding years, are as follows: Year 1 $130,000
Condensed data taken from the ledger of St Louis Company at December 31, for the current and preceding years, are as follows: Year 1 $130,000 400,000 30,000 Current assets Property, plant, and equipment Intangible assets Current liabilities Long-term liabilities Common stock Retained earnings Year 2 $160,000 450,000 20,700 70,000 210,000 225,000 125,700 80,000 250,000 150,000 80,000 Prepare a comparative balance sheet, with horizontal analysis, for December 31, Year 2 and Year 1. Round percents to one decimal point. Enter negative values as negative numbers St. Louis Company Comparative Balance Sheet December 31, Year 2 and Year 1 1 Increase (Decrease) Amount Increase (Decrease) Percent 2 Assets Year 2 Year 1 5 Current assets $160,000.00 $130,000.00 400,000.00 Property plant, and equipment 5 Intangible assets 450,000.00 20,700.00 30,000.00 6 Total assets $630,700.00 $560,000.00 Liabilities Current liabilities $80,000.00 $70,000.00 210,000.00 250,000.00 $280,000.00 $330,000.00 Long-term debt 10 Total abilities 11 Stockholders' Equity 12 Common stock 15 Retained earnings 44 Total stockholders equity 15 Total liabilities and stockholders' equity 225,000.00 150,000.00 125,700.00 80,000.00 $350,700.00 $230,000.00 $630,700.00 $560,000.00
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