Exercise 14-1 Condensed data from the comparative statement of financial position of Macaron Inc. follow 2018 2016 Current assets Non-current assets Current liabilities 2017 $112,000 $106,000 $101,000 399,000 331,000 298,000 109,000 99,000 95,000 Non-current liabilities 90,000 108,000 118,000 109,000 101,000 101,000 203,000 129,000 85,000 Common shares Retained earnings Using horizontal analysis, calculate the percentage of a base-year amount, using 2016 as the base year. (Round answers to 1 decimal place, eg, 15.2%.) MACARON INC. Horizontal Analysis of Statement of Financial Position (% of base-year amount) 2018 2017 2016 Current assets Non-current assets Current liabilities Non-current liabilities Common shares Retained earnings