Horizontal Analysis The Asset Section of the comparative Statement of Financial Position of Baguio Corporation follow: ASSETS 2020 2021 % Cash P 148,000 P 100,000 (1) Accounts Receivable 283,000 410,000 (2) Inventory 322,000 616,000 (3) Other Current Assets 10,000 14,000 (4) Total Current Assets P 763,000 P 1,140,000 (5) Property, Plant, and 460,000 904,000 (6) Equipment TOTAL ASSETS P 1,223,000 P 2,044,000 (7) Required: Using 2020 as the base year, perform trend analysis