In the chart below, to the right of the column of numbers are three columns with blocks to fill in.

Perform a horizontal analysis and put the correct answer in the appropriate blocks for only these account line items:

Cash, A/R, Accounts Payable, Other Liabilities, Sales, and Selling & Admin Exp.

When necessary round to the nearest tenth. You must use parentheses to mark a negative change. For example: a negative change from 2021 to 2022 of $30,000 would be written ($30,000)

Make sure to answer the last column - whether the change is deemed as a positive or negative based on the line item in the financial statements (for example is an increase in expenses a positive or negative variance?) You must put in the answer box, the word "positive" or "negative" . Base your answer strictly on the results of the horizontal analysis for that line item.

	Dec. 31, 2021	Dec. 31, 2022			Positive or negative
Assets
Cash	$ 50,000	$ 20,000
Accts Receivable, net	25,000	15,000
Inventory	10,500	12,000
Total Current Assets	$ 85,500	$ 47,000
Property Plant & Equipment	265,600	255,000
Total Assets	$ 351,100	$ 302,000
Liabilities
Accounts Payable	$ 20,000	$ 50,000
Other liabilities	15,000	5,000
Debt	125,000	200,000
Total Liabilities	$ 160,000	$ 255,000
Sales	$ 50,000	$ 75,000
Cost of Goods Sold	27,500	38,500
Gross Profit	22,500	36,500
Selling and Administrative Exp	17,000	16,250
Net Income	$ 5,500	$ 20,250