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Financial information for Sheridan Inc. is presented below. December 3 1 , 2 0 2 0 December 3 1 , 2 0 1 9 Current

Financial information for Sheridan Inc. is presented below.

December

31, 2020

December

31, 2019

Current assets

-

140, 000

112, 000

Plant assets

(

net

) - 437, 892 364, 000

Current liabilities

- 95, 978 74, 000

Long

-

term liabilities

- 166, 953 101, 000

Common stock, $

1

par

- 177, 000 118, 000

Retained earnings

- 137, 961 183, 000

(

)

Prepare a schedule showing a horizontal analysis for

2020

using

2019

as the base year.

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