Here is financial information for Kingbird, Inc. December 31, 2017 December 31, 2016 Current assets $109,400 $ 92.200 Plant assets (net) 402.200 353.400 Current liabilities 101.200 68.400 Long-term liabilities 125,400 92,200 Common stock. $1 par 133,400 118.400 Retained earnings 151,600 166,600 Prepare a schedule showing a horizontal analysis for 2017. using 2016 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, eg 12.1%) KINGBIRD, INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2017 2016 Amount Percentage Assets Current Assets $109.400 $92,200 Increase or (Decrease) 2017 2016 Amount Percentage Assets Current Assets $ Plant assets (net) $109.400 $92.200 402,200 353,400 $511600 $445.600 Total assets Liabilities Current Liabilities $101,200 $68,400 $ Long-term liabilities 125,400 92,200 $226.600 $160,600 Total liabilities Stockholders' Equity Common stock, $1 par 183,400 151,600 118,400 166,600 Retained earnings Total stockholders' equity 285.000 285.000 Total liabilities and stockholders equity $511,000 $445,600