Financial information for Nealon Inc. is presented below, December 31, 2019 December 31, 2020 $ 142,992 Current assets $ 108,000 439,830 362,000 73,000 95,995 Plant assets (net) Current liabilities Long-term liabilities Common stock. $1 par Retained earnings 163,000 100,000 176,046 122.000 147.781 175,000 (a) Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year. (If amount and percentage are a decrease show the numbers as negative, eg. -55,000, -15.2% or (55,000). (15.2%). Round percentages to 1 decimal place, eg. 15.2%) NEALON INC. Condensed Balance Sheets December 31 Increase or (Decrease) 2019 Amount Percentage 2020 Assets 34992 % $ 142,992 Current assets 108,000 Plant assets (net) 439,830 362,000 77830 $ 112822 X Total assets 582,822 470,000 Liabilities ULTURE $ 95,995 $ Current liabilities 22995 73.000 163,000 % Long-term liabilities 63000 100,000 258.995 Total liabilities % 173,000 85995 Stockholders' Equity 176,046 122.000 Common stock, $i par 540416 % 147 Rander Total assets $ 470,000 $ 112822 582,822 Liabilities Current liabilities 22995 % 95,995 73,000 163,000 Long-term liabilities 100,000 56 63000 Total liabilities 258,995 173,000 B5995 % Stockholders' Equity Common stock, $1 par 176,046 122.000 %6 54046 Retained earnings 147.781 175.000 96 -27219 323,827 297,000 26827 Total stockholders' equity % $ 582.822 $ Total liabilities and stockholders' equity 112822 % 470.000