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Financial information for Nealon Inc. is presented below December 31, 2020 $140,030 432,822 93,016 167,963 178,959 132,914 December 31, 2019 $110,000 358,000 77,000 101,000 121,000
Financial information for Nealon Inc. is presented below December 31, 2020 $140,030 432,822 93,016 167,963 178,959 132,914 December 31, 2019 $110,000 358,000 77,000 101,000 121,000 169,000 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings (a) Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year 2020 2019 Amount Percentage Assets $140,030 $110,000 Current assets Plant assets (net) 432,822358,000 $572,852 $468,000 Total assets Liabilities Current liabilities $93,016$77,000 167,963101,000 Long-term liabilities Total liabilities Stockholders' Equity Common stock, $1 par Retained earnings 260,979 178,000 178,959 121,000 132,914169,000 311,873 290,000 Total stockholders' equity $572,852 $468,000 Total liabilities and stockholders' equity
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