Here is financial information for Sage Hill Inc. December 31, 2017 December 31, 2016 Current assets $110,200 $ 92,200 Plant assets (net) 402,200 354,200 Current liabilpes 101,200 69,200 Long-term liabilities 126,200 92,200 Common stock, $1 par 134,200 119,200 Retained earnings 150,800 165,800 Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the me year (tramount and percentage are a decrease show the numbers a negative 0.35,000,- or (55,000), (20%). Round percentages to decimal place., 12.19.) SAGE HILL INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2017 2016 Amount Percentage Assets Current Assets $110,200 $92,200 402,200 354,200 Plant assets (net) $512,400 $446,400 Total assets Here are the comparative income statements of Whispering Winds Corporation. WHISPERING WINDS CORPORATION Comparative Income Statements For the Years Ended December 31 Net sales Cost of goods sold Gross Profit Operating expenses Net income 2017 2016 $609,000 $500,400 463,000 428,500 146,000 71,900 77,800 40,300 $ 68,200 $31,600 Prepare a horizontal analysis of the income statement data for Whispering Winds Corporation, using 2016 as a base. (If amount and percentage negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.196.) WHISPERING WINDS CORPORATION Comparative Income Statements Increase or (Decrease) During 2017 2017 2016 Amount Percentage 9 Net sales $609,000 $500,400 $ en non n ron