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Here is financial information for Marin Inc. December 31, 2022 December 31, 2021 Current assets $110,300 $ 92,700 Plant assets (net) 402,700 354,300 Current liabilities
Here is financial information for Marin Inc. December 31, 2022 December 31, 2021 Current assets $110,300 $ 92,700 Plant assets (net) 402,700 354,300 Current liabilities 101,700 69,300 Long-term liabilities 126,300 92,700 Common stock, $1 par 134,300 119,300 Retained earnings 150,700 165,700 Prepare a schedule showing a horizontal analysis for 2022, using 2021 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, e.g. 12.1%.) MARIN INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2022 2021 Amount Percentage Assets Current Assets $110,300 $92,700 $ Plant assets (net) 402,700 354,300 Total assets $513,000 $447,000 Liabilities Current Liabilities $101,700 $69,300 $ Long-term liabilities 126,300 92,700 Total liabilities $228,000 $162,000 Stockholders' Equity Common stock, $1 par 134,300 119,300 Retained earnings 150,700 165,700 Total stockholders' equity 285,000 285,000 Total liabilities and stockholders' equity $513,000 $447,000
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