interpret the vertical and horizontal analyses to evaluate the business performance of Lueders Medical Clinic.

Accounts Accounts receivable Supplies inventory Property and equipment Bad debts Total contractual allowances Net patient revenue Salaries and wages Long-term liabilities Lueders Medical Clinic Horizontal Analysis of Selected Accounts 2018$ 2017 $ Change Percent 66,135.00 75,675.00 (9,540.00) -0.1261 19,340.00 30,100.00 (10,760.00) -0.3575 60,321.00 37,672.00 22,649.00 0.6012 11,500.00 18,440.00 (6,940.00) -0.3764 505,200.00 465,000.00 40,200.00 0.0865 338,800.00 310,000.00 28,800.00 0.0929 165,320.00 139,279.00 26,041.00 0.1870 15,000.00 12,355.00 2,645.00 0.2141 Vertical Analysis: Fill in the correct information for each of the base amounts Lueders Medical Clinic Vertical Analysis of Selected Accounts Year 2018 Year 2017 Industry Accounts Amount $ Percent Amount $ Percent Accounts receivable 66,135.00 0.415 75,675.00 0.487 45% Supplies inventory 19,340.00 0.121 30,100.00 0.194 10% Net patient revenue 338,800.00 16,133.333 310,000.00 20.929 100% Accounts payable 65,450.00 0.410 41,254.00 0.265 26% Salaries and wages 165,320.00 7,872.381 139,279.00 9.403 11% Depreciation and amortization 12,500.00 595.238 17,650.00 1.192 80% Long-term liabilities 15,000.00 0.094 12,355.00 0.079 6% Net income 1,424.00 67.810 513.00 0.035 10% Base Amount for Balance Sheet: 2018 159,446.00 2017| 155,447.00 Base Amount for Income Statement: 2018 21.00 2017 14,812.00