Koester, Inc, states in its 2020 10-K filing with the SEC, "In October 2020, two major credit rating agencies changed Koester's long- term credit rating outlook to negative and one of the credit rating agencies reduced Koester's short-term credit rating." Koester's financial statements (in $000) follow. Koester, Inc. Comparative Income Statement For the Year Ended December 31 2020 2019 2018 $5,179,016 $5,102,786 Sales revenue Cost of goods sold Gross pront $4,960,100 2,530,617 2,806,148 2,692,061 2,372,868 2,410,725 2,429,483 1,708,339 1,679,90B 1,643,773 664.529 730,817 785,710 Operating expenses Operating income Interest expense, net Other non-operating (income), net Income before income tax 42.279 58,081 61,611 (29799) (23,518) (16,755) 652,049 696,254 740,854 Income tax expense 235.030 123,531 203,222 Net income $417,019 $572,723 $537.632 Koester, Inc. Comparative Balance Sheet As of December 31 Assets 2020 2019 Cash $997,734 $1,156,835 760,643 759,033 376,897 418,633 Accounts receivable (net) Inventory Prepaid expenses and other current assets Total current assets Property, plant, & equipment (net) 277,226 302,649 2,412,500 2,637,150 547,104 586,526 Other assets 1,412,709 1,532,816 Total Assets $4,372,313 $4,756,492 $117.994 $28,995 Liabilities and Stockholders' Equity Short-term borrowings Current portion of long-term debt Accounts payable 100,000 189,130 265,936 349,159 Accrued expenses 796,473 880,038 Income taxes payable 182,782 279,849 Total current liabilities 1,463,185 1,727 171 Long-term debt 525,000 400,000 Other 282,395 243,509 Total noncurrent liabilities 807.395 643.509 Stockholders' Equity Common stock $1.00 par value 441369 441,369 Additional pald-in capital 1.589281 1.594 332 Treasury stock 1935.711) (473,349) Retained earnings 1,006,794 823 460 Total stockholders equity 2,101.733 2.385,812 Total Liabilities and Stockholders' Equity $4,372313 $4,756,492 Prepare a horizontal analysis for 2020. (Round percentage answers to 1 decimal places, eg. 52.7. List Assets in order of liquidity. Do not leave any answer field blank Enter for amounts Enter negative amounts using either a negative sign preceding the number, es-45) a ome Statement 2020 2019 Schange Sales revenue Cost of goods sold Gross proht HINT Operating expenses Operating income Interest expense.net Other non-operating (income), net Income before taxes V Income tax expense Net income Assets 2020 2019 $cha Cash