December 31, 2022 $109,200 December 31, 2021 $ 93,500 403,500 353,200 102,500 68,200 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings 125,200 93,500 133,200 118,200 151,800 166,800 Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. (If decimal place, e.g. 12.1%.) TAMARISK, INC. Condensed Balance Sheet December 31 Increase or (Decrease) Amount Percentage 2022 2021 Assets Current Assets $109,200 $93,500 % $ Plant assets (net) 403,500 353,200 % Total assets $512,700 $446,700 % Liabilities Current Liabilities $102,500 $68,200 % $ Long-term liabilities 125,200 93,500 % Total liabilities $227,700 $161,700 % Stockholders' Equity Common stock, $1 par 133,200 118,200 % Retained earnings 151,800 166,800 % Total stockholders' equity 285,000 285,000 % Total liabilities and stockholders' equity $512,700 $446,700 % $