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Current Attempt in Progress Here is financial information for Sunland Express Inc. December 31, 2021 December 31, 2020 Current assets $138,240 $96,000 Property, plant and

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Current Attempt in Progress Here is financial information for Sunland Express Inc. December 31, 2021 December 31, 2020 Current assets $138,240 $96,000 Property, plant and equipment 449.280 384,000 Current liabilities 106,580 73,000 Long-term liabilities 150,430 98,000 Common stock. $1 par 166,050 123,000 Retained earnings 164,460 186,000 Prepare a horizontal analysis for 2021 using 2020 as the base year. (Round percentages to 1 decimal plac amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) SUNLANDEXPRESS INC. Condensed Balance Sheet December 31 SUNLANDEXPRESS INC. Condensed Balance Sheet December 31 Increase or (Decrease) Assets 2021 2020 Amount Percentage % Current assets $138,240 $96,000 $ 449,280 Property, plant and equipment 384,000 % Total assets $587,520 $480,000 $ % Liabilities Current liabilities $106,580 $73,000 $ % 150,430 Long-term liabilities 98,000 % Total liabilities $257,010 $171,000 $ % Stockholders' Equity Stockholders' Equity Common Stock, $1 par $166,050 % $123,000 $ ta % Retained earnings 164,460 186,000 % Total stockholders equity 330,510 309,000 % Total liabilities and stockholders equity $587,520 $ $480,000 Attempts: 0 of 3 used Submit Answer Save for Later

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