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Current Attempt in Progress Here is financial information for Marin Inc.. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock. $1 par Retained
Current Attempt in Progress Here is financial information for Marin Inc.. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock. $1 par Retained earnings December 31, 2020 $111,150 428,274 94,488 123,936 133,497 187,503 December 31, 2019 $ 95,000 378,000 62,000 90,000 117,000 204,000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (If amount and percentage are a decrease show the numbers as negative, eg. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) MARIN INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2019 Amount Percentage Assets Current Assets $111,150 $95,000 2020 % Plant assets (net) 428,274 378.000 $539,424 $473,000 $ Total assets Liabilities Current Liabilities $94,488 $62,000 $ % Long-term liabilities 123,936 90,000 % $218,424 $152,000 % A Total liabilities Stockholders' Equity Common stock, $1 par 133,497 117,000 % 187,503 204,000 % Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 321,000 321,000 $539,424 $473,000 $ %
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