Here is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2020 $123,000 394,416 86,265 130,680 165,960 134,511 December 31, 2019 $100,000 332,000 71,000 88,000 120,000 153,000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base yea -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal GLITTER INC. Condensed Balance Sheets December 31 2020 2019 Assets Current assets $123,000 $100,000 Plant assets (net) 394,416 332,000 Total assets $517,416 $432,000 Liabilities Current liabilities $86,265 $71,000 Long-term liabilities 130,680 88,000 Total liabilities 216,945 159,000 Stockholders' Fauit Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (Enter negative amounts and percen -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) 2020 2019 Amount Percentage Assets Current assets $123,000 $100,000 $ % Plant assets (net) 394,416 332,000 % Total assets $517,416 $432,000 % Liabilities Current liabilities $86,265 $71,000 % Long-term liabilities 130,680 88,000 % % 216,945 159,000 Total liabilities Stockholders' Equity Common stock, $1 par 165,960 120,000 % Retained earnings 134,511 153,000 % Total stockholders' equity 300,471 273,000 % Total liabilities and stockholders' equity $517,416 $432,000 % Click if you would like to Show Work for this question: Open Show Work