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2. Prepare a horizontal analysis for 2022 using 2021 as the base year. (Decreases should be indicated by a minus sign. Round y percentage answers to 1 decimal place.) Answer is not complete. FEDERER SPORTS APPAREL Balance Sheet December 31 Year 2022 2021 Increase (Decrease) Amount % 2.1% 0.3% Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock $ 3,000,000 1,800,000 3,300,000 14,700,000 (2.800,000) $20,000,000 $ 980,000 1,242,500 1,977,500 14,700,000 (1,400,000) $17,500,000 $ 2,020,000 557,500 1,322,500 0 1,400,000 $ 2,500,000 0 $ 2,187,500 $ 1,920,000 1,840,000 9,100,000 $ (267,500) 1,840,000 Your DI Upgrad space a Dropbox 9,100,000