Horizontal Analysis The comparative temporary Investments and Inventory balances of a company follow. Current Year Accounts payable $77,128 Previous Year $62,200 35,700 Long-term debt 26,418 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 M Accounts payable Long-term debt Vertical Analysis Income statement information for Einsworth Corporation follows: $537,000 Sales Cost of goods sold Gross profit 128,880 408,120 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. Einsworth Corporation Vertical Analysis of the Income Statement Sales Cost of goods sold Amount Percentage $537,000 % 128,880 % Gross profit $408,120 96