Exercise 18-3 The comparative condensed balance sheets of Gurley Corporation are presented below GURLEY CORPORATION Comparative Condensed Balance Sheets December 31 Assets Current assets Property, plant, and equipment (net) Intangibles $ 74,190 78,430 91,030 6,02041,290 97,780 41,290 $197,990 210,750 Total assets Liabilities and stockholders' equity Current liabilities Long-term liabilities Stockholders' equity $ 40,080 46,710 44,990150,360 13,680 $197,990 $210,750 12,920 Total liabilities and stockholders' equity Prepare a horizontal analysis of the balance sheet data for Gurley Corporation using 2014 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 Increase 2015 2014 from 2014 Assets Current Assets $74,190 $78,430 91,030 26,020 41290 197,990 $210,750 Property, Plant& Equipment (net) 97,780 Total assets Liabilities and Stockhelders" Equity Current Liabilities Long-term Liabilities Stockholders Equity Total liabilities and stockhelders' equity 40,080 $46,710 144,990 150,360 12,920 13,680 197,990 $210,750