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Horizontal Analysis The comparative temporary Investments and Inventory balances of a company follow: Current Year Previous Year Accounts payable $59,166 $51,900 Long-term debt 39,010 47,000

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Horizontal Analysis The comparative temporary Investments and Inventory balances of a company follow: Current Year Previous Year Accounts payable $59,166 $51,900 Long-term debt 39,010 47,000 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 Amount of Change Increase/Decrease Percentage Accounts payable Long-term debt

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