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Financial information for Nealon Inc. is presented below. Current assets December 31, 2022 December 31, 2021 $140,000 $110,000 Plant assets (net) 440,000 360,000 Current
Financial information for Nealon Inc. is presented below. Current assets December 31, 2022 December 31, 2021 $140,000 $110,000 Plant assets (net) 440,000 360,000 Current liabilities 95,000 75,000 Long-term liabilities 165,000 100,000 Common stock, $1 par 180,000 120,000 Retained earnings 140,000 175,000 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, eg.-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%) NEALON INC. Condensed Balance Sheet
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