Exercise 13-3 Here is financial information for Larkspur, Inc. Current assets Plant assets (net) Current liabilities Lang-term liabilities Common stock, $1 par Retained earnings December 31, 2017 108,500 402,800 101,900 124,d0 132,500 152,500 December 31, 2016 92,800 352,500 67,500 92,80D 117,500 167,500 Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20 12.1%.) or (55,000), (30%). Round percentages to 1 decimal placr, e.g. LARKSPUR, INC Condensed Balance Sheet December 31 Increase or (Decrease) 2017 2016 Amount Assets Current Assets 109,500 ,900 02,800 32,500 $511,300 $445,300 Plant assets (net) 3% Total assets Ourrent Labltes 101,800 $7,500 124,50092,900 $226,300 160,200 Total abltes Stockholdars Equity Common stock, $1 par Retained earnings 32,500 117,s00 132,aa 107ia 5,0 25,0do 11,300 445,300 Total stochoiders' equity Total abltes and stockholders' equty