Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year Accounts payable $48,240 $40,200 Long-term debt 31,595 44,500 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Enter all answers as positive numbers. A

mount of Change Increase/Decrease Percentage Accounts payable $fill in the blank 1 fill in the blank 3 % Long-term debt $fill in the blank 4 fill in the blank 6 %