Horizontal Analysis of Comparative Financial Statements A comparative income statement and balance sheet of Miller Electronics Corporation for the last two years are shown. Prepare a horizontal analysis. Enter the amount of increase (decrease) and the percentage change. Round percentages to one decimal place. Millam Flartmnire Comnmation Miller Electronics Corporation Comparative Balance Sheet December 31, 20-2 and 20-1 Assets 202Amount201AmountIncrease(Decrease) Current assets: Cash $43,798$22,843$ Receivables (net) 74,596 47,660 Merchandise inventory 91,186 50,364 Supplies and prepayments 3,8571,142 Total current assets $213,437$122,009$ Property, plant, and equipment: Office equipment (net) $11,830 $8,170$ Factory equipment (net) 104,984 71,380 Total prop., plant, and equip. $116,814 $79,550 Total assets $330,251$201,559 Liabilities Current liabilities: Notes payable $10,000 $5,900$ Accounts payable 42,80030,075 Accrued and withheld payroll taxes 6,324 Total current liabilities $59,124$41,419$ Stockholders' Equity. Common stock (\$10 par) Retained earnings Total stockholders' equity Total liab. and stockholders' equity $100,000 $84,000$ 171,127 76,140 $271,127$160,140 $330,251$201,559