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 S 76,000 97,900 27,400 S 201,300 $80,600 89,400 38,400 S 208,400 Total assets Liabilities and stockholders' equity $ 41,200 S Current liabilities Long-term liabilities Stockholders' equity 144,200 15,900 S 201,300 S 46,600 150,400 11,400 S 208,400 Total liabilities and stockholders' equity 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, eg. 12.3%.)