Here is financial information for Pharoah Inc. December 31, 2022 December 31, 2021 Current assets $122,000 $100,000 Plant assets (net) 395,456 334,000 Current liabilities 116,360 74,000 Long-term liabilities 129,096 88,000 Common stock, $1 par 127,600 110,000 Retained earnings 144,100 162,000 Prepare a schedule showing a horizontal analysis for 2022, using 2021 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, e-g. 12.3%) PHAROAH INC. Assets Condensed Balance Sheets 2022 2021 Increase or (Decrease) Amount Percentage Current assets $122,000 $100,000 $ % Plant assets (net) 395,456 334,000 5% $517,456 $434,000 $ % Total assets Liabilities Current liabilities $116,360 $74,000 $ % Long-term liabilities 129,096 88,000 56 Total liabilities 245,456 162,000 % Prepare a schedule showing a horizontal analysis for 2022, using 2021 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%) PHAROAH INC. Condensed Balance Sheets 2022 2021 Increase or (Decrease) Amount Percentage Assets Current assets $122,000 $100,000 $ % Plant assets (net) 395,456 334.000 % $517,456 $434,000 $ % Total assets Liabilities Current liabilities $116,360 $74,000 $ % Long-term liabilities 129,096 % 88.000 Total liabilities % 245.456 162,000 Stockholders' Equity % Common stock, $1 par 127,600 110,000 Retained earnings 144,400 162.000 % Total stockholders' equity 272,000 272,000 % Total liabilities and stockholders' equity $517,456 $434,000 $ %