Compute the amount and percentage changes for Rivera Company’s comparative balance sheets, and comment on the changes from 2013 to 2014. (Round the percentage changes to one decimal place.)

 

Rivera Company Comparative Balance Sheets December 31, 2014 and 2013

 

Assets Current assets	2014   $  37,200		2013   $  25,600
Property, plant, and equipment (net)	218,928		194,400
Total assets	$256,128		$220,000
Liabilities and Stockholders’ equity Current liabilities                                                    $  22,400			$    6,400
Long-term liabilities                                                   70,000			80,000
Stockholders’ equity                                                 163,728			133,600
Total liabilities and stockholders’ equity              $256,128			$220,000