E14-1 Financial information for Blevins Inc. is presented below. December 31, 2012 December 31, 2011 Current assets $125,000 $100,000 Plant assets (net) 396,000 330,000 Current liabilities 91,000 70,000 Long-term liabilities 133,000 95,000 Common stock, $1 par 161,000 115,000 Retained earnings 136,000 150,000 Complete the schedule showing a horizontal analysis for 2012 using 2011 as the base year. (If amount is a decrease, use either a negative sign preceding the number eg -45 or parentheses eg (45). Round percentages to 1 decimal place, e.g. 10.5. List items in the order given in the question.) BLEVINS INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2012 2011 Amount Percentage Assets Plant assets (net)Current assetsLong-term liabilitiesCommon stock, $1 parCurrent liabilitiesRetained earnings $ $ $ % Retained earningsCurrent assetsCommon stock, $1 parPlant assets (net)Current liabilitiesLong-term liabilities % Total assets $ $ $ % Liabilities Current assetsCurrent liabilitiesCommon stock, $1 parPlant assets (net)Long-term liabilitiesRetained earnings $ $ $ % Current liabilitiesCommon stock, $1 parLong-term liabilitiesRetained earningsPlant assets (net)Current assets % Total liabilities $ $ $ % Stockholders' Equity Current liabilitiesCommon stock, $1 parCurrent assetsLong-term liabilitiesPlant assets (net)Retained earnings $ $ $ % Long-term liabilitiesCurrent liabilitiesCommon stock, $1 parRetained earningsCurrent assetsPlant assets (net) % Total stockholders equity $ $ $ % Total liabilities and stockholders' equity $ $ $ %