Exercise 14-3 The comparative condensed balance sheets of Gurley Corporation are presented below GURLEY CORPORATION Comparative Condensed Balance Sheets December 31 2017 2016 Assets Current assets Property, plant, and equipment (net) Intangibles $73,400 80,600 90,200 38,400 $ 198,100 209,200 97,900 26,800 Total assets Liabilities and stockholders equity Current liabilities Long-term liabilities Stockholders' equity $42,600 47,200 150,200 11,800 Total liabilities and stockholders' equity 198,100 $209,200 140,800 14,700 Prepare a horizontal analysis of the balance sheet data for Gurley Corporation using 2016 as a base. (Enter negative amounts and percentages using either a negative sign preceding the number e.g.-45,-45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) GURLEY CORPORATION Condensed Balance Sheets For the Year Ended December 31