Following is a comparative balance sheet for Barking Shark International Corporation Barking Shark International Corporation Balance Sheet December 31, 2017 and 2016 2017 2016 Current assets Cash $10,000 $5,000 Shortterm investments $7,000 $10,000 Accounts receivable, net $30,000 $23,000 Inventory $37,000 $35,000 Prepaid expenses $4,000 $3,000 Total current assets $88,000 $76,000 Property, plant, and equipment, net $33,300 $35,000 Other assets $27,000 $22,500 Total assets $148,300 $133,500 Current liabilities Shortterm borrowings $28,400 $13,900 Accounts payable $20,000 $22,500 Total current liabilities $48,400 $36,400 Noncurrent debt $37,500 $33,000 Total liabilities $85,900 $69,400 Shareholders' equity Common shares $20,000 $20,000 Retained earnings $42,400 $44,100 Total shareholders' equity $62,400 $64,100 Total liabilities and shareholders' equity $148,300 $133,500 Required a) Calculate and show the percentages that would appear in a horizontal analysis for this balance sheet b) Indicate any positive or negative developments from one year to the next