Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Accounts payable $73,112 $70,300 Long-term debt 32,702 39,400 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? Amount of Change Increase/Decrease Accounts payable Percentage $ 2,812 Increase Long-term debt 17 % $ 6,698 Decrease 17 % Horizontal Analysis The comparative temporary investments and inventory balances of a company follow. Current Year Previous Year Accounts payable $73,112 $70,300 Long-term debt 32,702 39,400 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? Amount of Change Increase/Decrease Accounts payable Percentage $ 2,812 Increase Long-term debt 17 % $ 6,698 Decrease 17 %