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Financial information for Nealon Inc. is presented below. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31,

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Financial information for Nealon Inc. is presented below. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2020 $137.973 438,020 95,988 165,032 179,950 135,023 December 31, 2019 $111.000 362,000 76,000 98,000 122,000 177,000 (a) Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year. (If amount and percentage are a decreas show the numbers as negative, e.g.-55,000, -15.2% or (55,000). (15.2%). Round percentages to 1 decimal place, eg. 15.2%.) NEALON INC. 2020 2019 Amount Assets Percentage Current assets $137.973 $111.000 $ 26 438,020 362,000 26 Plant assets (net) Total assets Liabilities Current liabilities $575,993 $473,000 $ % $95,988 $76,000 $ 165,032 98,000 261,020 174,000 Long-term liabilities Total liabilities Stockholders' Equity Common stock, $1 par Retained earnings 179,950 122,000 a 135,023 177,000 % 20 Total stockholders' equity 314,973 299,000

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