Here is financial information for Glitter Inc. December 31, 2020 $122,000 393.900 86,030 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock $1 par Retained earnings December 31, 2019 $100.000 325.000 70,000 85.000 128,010 165.990 110,000 135,870 160.000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (Enter negative amounts and percentages using either a negative sign preceding the number eg.-45,-45% or parentheses eg (45),(45%). Round percentages to 1 decimal place, eg. 12.3%.) GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) 2019 Amount Percentage 2020 Assets Current assets $122.000 $100,000 $ 26 % Plant assets (net) 393,900 325,000 96 O Total assets $515.900 $425.000 $ % 6 Liabilities Current liabilities $86.030 $70,000 S % %6 Long-term liabilities 128,010 85.000 % 6 Total liabilities 214.040 155.000 % Stockholders' Equity Common stock, $1 par 165.990 110,000 96 Retained earnings 135,870 160.000 % % Total stockholders' equity 301.860 270,000 % 96 Total liabilities and stockholders' equity $515,900 $425,000 $ %