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Here is financial information for Larkspur, Inc. December 31, 2022 December 31, 2021 Current assets $108,576 $92,800 Plant assets (net) 403,030 352,500 Current liabilities 101,790
Here is financial information for Larkspur, Inc. December 31, 2022 December 31, 2021 Current assets $108,576 $92,800 Plant assets (net) 403,030 352,500 Current liabilities 101,790 67,500 Long-term liabilities 124,816 92,800 Common stock, $1 par 131,395 117,500 Retained earnings 153,605 167,500 Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. (If amou the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place LARKSPUR, INC. Condensed Balance Sheet December 21 Assets 2022 2021 Amount Percentage Current Assets $108,576 $92,800 Plant assets (net) 403,030 352,500 Total assets $511,606 $445,300 Liabilities Current Liabilities $101,790 $67,500 Long-term liabilities 124,816 92,800 Total liabilities $226,606 $160,300 Liaomimes Current Liabilities $101,790 $67,500 $ % Long-term liabilities 124,816 92,800 % Total liabilities $226,606 $160.300 % Stockholders' Equity Common stock, $1 par 131,395 117,500 % Retained earnings 153,605 167,500 % Total stockholders' equity 285,000 285,000 Total liabilities and $511,606 $445,300 % stockholders' equity
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