Exercise 13-03 (Video) Here is financial information for Tamarisk, Inc. December 31, 2019 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2020 $105,210 432,024 91,636 135,598 $ 90,000 376,000 62,000 94,000 117,495 105,000 192,505 205,000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (If amount and percentage are a decrea or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) TAMARISK, INC. Condensed Balance Sheet December 31 Increase or (Decrease) Amount Percentage 2020 2019 Assets Current Assets $105,210 590,000 % $ Plant assets (net) 432,024 376,000 96 Total assets $537,234 $466,000 $ Liabilities Current Liabilities $91,636 562,000 to search OL N 2020 2019 Amount Percentage Assets Current Assets $105,210 $90,000 % $ Plant assets (net) 432,024 376,000 % Total assets $537,234 $466,000 % Liabilities Current Liabilities $91,636 $62,000 % Long-term liabilities 135,598 94,000 % $227,234 $156,000 % $ Total liabilities Stockholders'Equity Common stock, $1 par Retained earnings 117,495 105,000 % 192,505 205,000 Total stockholders' equity 310,000 310,000 9% $537,234 Total liabilities and stockholders'equity $466,000 % $ Quest search ON hp