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Here is financial information for Marin Inc. December 31, 2022 December 31, 2021 Current assets $109,400 $ 94,200 Plant assets (net) 404,200 353,400 Current liabilities
Here is financial information for Marin Inc. December 31, 2022 December 31, 2021 Current assets $109,400 $ 94,200 Plant assets (net) 404,200 353,400 Current liabilities 103,200 68,400 Long-term liabilities 125,400 94,200 Common stock, $1 par 133,400 118,400 Retained earnings 151,600 166,600 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 2022 2021 Amount Percentage Assets Current Assets $109,400 $94,200 $ Plant assets (net) 404,200 353,400 Total assets $513,600 $447,600 Liabilities Current Liabilities $103,200 $68,400 $ Long-term liabilities 125,400 94,200 Total liabilities $228,600 $162,600 Stockholders' Equity Common stock, $1 par 133,400 118,400 Retained earnings 151,600 166,600 Total stockholders' equity 285,000 285,000 Total liabilities and stockholders' equity $513,600 $447,600
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