Condensed data taken from the ledger of St. Louis Company at December 31, for the current and preceding years, are as follows:

Year 2

Year 1

Current assets

$160,000

$130,000

Property, plant, and equipment

450,000

400,000

Intangible assets

20,700

30,000

Current liabilities

70,000

80,000

Long-term liabilities

210,000

250,000

Common stock

225,000

150,000

Retained earnings

125,700

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)	Increase (Decrease)
2	Assets	Year 2	Year 1	Amount	Percent
3	Current assets	$160,000.00	$130,000.00
4	Property, plant, and equipment	450,000.00	400,000.00
5	Intangible assets	20,700.00	30,000.00
6	Total assets	$630,700.00	$560,000.00
7	Liabilities
8	Current liabilities	$70,000.00	$80,000.00
9	Long-term debt	210,000.00	250,000.00
10	Total liabilities	$280,000.00	$330,000.00
11	Stockholders' Equity
12	Common stock	225,000.00	150,000.00
13	Retained earnings	125,700.00	80,000.00
14	Total stockholders' equity	$350,700.00	$230,000.00
15	Total liabilities and stockholders'	$630,700.00	$560,000.00