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Financial information for Larkspur, Inc. is presented below. December 31, 2022 December 31, 2021 Current assets $179,000 $136,000 Plant assets (net) 453,000 386,000 Current

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Financial information for Larkspur, Inc. is presented below. December 31, 2022 December 31, 2021 Current assets $179,000 $136,000 Plant assets (net) 453,000 386,000 Current liabilities 101,500 88,000 Long-term liabilities 184,500 113,000 Common stock, $1 par 186,500 133,000 Retained earnings 159,500 188,000 Prepare a schedule showing a horizontal analysis for 2022 using 2021 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%) LARKSPUR, INC. Condensed Balance Sheets December 31 2022 2021 Assets Current assets $179,000 $136,000 $ Plant assets (net) 453,000 386,000 Total assets $632,000 $522,000 $ Liabilities Current liabilities $101,500 $88,000 $ Long-term liabilities 184,500 113,000 Total liabilities $286,000 $201,000 $ Stockholders' Equity Common stock, $1 par 186,500 133,000 Retained earnings 159,500 188,000 Total stockholders' equity 346,000 321,000 $ Total liabilities and stockholders' equity $632,000 $522,000 Increase or (Decrease) Amount Percenta

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