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Financial information for Nealon Inc is presented below December 31, 2020 December 31, 2019 Current assets $139,968 $108.000 Plant assets inet) 446,918 361.000 Current liabilities

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Financial information for Nealon Inc is presented below December 31, 2020 December 31, 2019 Current assets $139,968 $108.000 Plant assets inet) 446,918 361.000 Current liabilities 93.024 76,000 Long-term liabilities 166,012 98,000 Common stock, $ipar 178,965 123.000 Retained earnings 148.885 172,000 la) Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year. If amount and percentage ore a decrease show the numbers as negative ex -55,000.-15.2% of ($5,0001 1152. Round percentages to 1 decimal ploce.es: 15.2%) NEALON INC Condensed Balance Sheets December 31 Increase or (Decrease) 2020 2019 Amount Percentage Assets Current assets $139,968 $100,000 5 96 plant assets (nat) 446,918 361000 Total assets 5586,886 $469,000 $ Liabilities Current liabilities 593.024 $78,000 $ Long-term liabilities 166,012 98.000 Total liabilities 259,036 174.000 I Stockholders' Equity Common stock 51 par 278.905 123,000 Retained earnings 34.885 172.000 Total stockholders' equity 327 850 295.000 Total liabilities and stockholders' equity $536,886 5468.000 5 e Textbook and Media

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