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Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year $40,128 $35,200 Accounts payable Long-term debt 60,172

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Horizontal Analysis The comparative accounts payable and long-term debt balances for a company follow. Current Year Previous Year $40,128 $35,200 Accounts payable Long-term debt 60,172 61,400 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. Amount of Change Increase/Decrease P ercentage Accounts payable Long-term debt

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