Drill Problem 16-3 (Algo) [LU 16-1 (2)] Complete a horizontal analysis for Brown Company. (Negative answers should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Round the "percent" answers to the nearest hundredth percent.) BROWN COMPANY Comparative Balance Sheet December 31, 2020 and 2019 2020 Increase (Decrease) 2019 Amount Percent Assets Current assets: Cash $ 13,750 $ 9,000 Accounts receivable 19,500 14,500 Merchandise inventory 19,750 24,000 Prepaid advertising 56,000 46,500 Total current assets $ 109,000 $ 94,000 Plant and equipment: Building (net) $ 121,000 $ 127,500 Land 95,000 95,000 Total plant and equipment $ 216,000 $ 222,500 Total assets $ 325,000 $ 316,500 Liabilities Current liabilities: Accounts payable $ 133,500 $ 121,000 Salaries payable 24,000 19,000 Total current liabilities $ 157,500 $ 140,000 Long-term liabilities: Mortgage note payable 100,500 88,000 Total liabilities $ 258,000 $ 228,000 Owner's Equity J. Brown, capital 67,000 88,500 Total liabilities and owner's equity $ 325,000 $ 316,500