II. Selected items from the comparative balance sheets of Solar Mountain Club follow: Dec. 31, 2017 Dec. 31, 2016 $ 120,000 640,000 920,000 Cash $108,000 Accounts receivable 450,000 Inventories 650,000 Prepaid insurance 102,000 Long term assets 1,590,000 Total assets: 2,900,000 98,000 2,042,000 $ 3,820,000 Required: a. Illustrate horizontal analysis for these disclosures. b. Illustrate vertical analysis for the selected disclosures as of 2017