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NEXT Question 6 Here is financial information for Glitter Inc Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings

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NEXT Question 6 Here is financial information for Glitter Inc Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2020 $124,600 395,010 88,111 135,198 166,838 129.463 December 31, 2019 $100,000 330,000 73,000 87,000 119,000 151,000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (Enter negative amounts and percentages using either a negative sin preceding the number 45,459 or parentheses g. (45), (459). Round percentages to I decimal place, .g. 12.34.) GLITTER INC. Condensed Balance Sheets December 31 Increase or (Decrease) Amount Percentage 2020 2019 Assets Current assets $124,600 $100,000 Plant assets (net) 395,010 330,000 Total assets $519,610 $430,000 Liabilities Current liabilities $88,111 $73,000 Long-term liabilities 135,198 87,000 Total liabilities 223,309 160,000 Stockholders' Equity Common stock, $1 par 166,838 119,000 Retained earnings 129,463 151,000 Total stockholders' equity 296,301 270,000 Total liabilities and stockholders' equity $519,610 $430,000 Click if you would like to Show Work for this question: Open Show Work

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