Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Accounts payable $60,165 $57,300 Long-term debt 64,258 72,200 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 2,865 Increase 0.05 X % Long-term debt 7,942 Decrease 0.11 X %