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Pinnacle Plus declared and paid a cash dividend of $5,800 in the current year. Its comparative financial statements, prepared at December 31, reported the following

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Pinnacle Plus declared and paid a cash dividend of $5,800 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information: Required: 1. Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial tements. 2-a. Which account increased by the largest dollar amount? 2-b. Which account increased by the largest percentage? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Req 28 Curront Your Previous Year Amount Porcentage Income Statement $ $ 111,600 49,800 61,800 29,800 128,000 $ 55,600 72,400 32,000 3,200 37,200 11,160 26,040$ 3,200 28,800 8,640 20,160 $ % % $ 36,100 Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) Net Income Balance Sheet Cash Accounts Receivable, Net Inventory Property and Equipment, Net Total Assets Accounts Payable Income Tax Payable Note Payable (long-term) Total Liabilities Common Stock (par $10) Retained Earnings Total Liabilities and Stockholders' Equity 78,426 $ 18,600 24,200 11,600 36.400 94,200 215,426 $ 45,600 $ 101,000 185,100 S $ 36,800 % 1,600 2,886 32,000 32.000 80,486 70.400 88,000 46,940 88.000 26,700 185,100 S 215,428 S 3 Homework Saved Help December 31, reported the following summarized information: Required: 1. Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. 2-a. Which account increased by the largest dollar amount? 2-b. Which account increased by the largest percentage? M Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Reg 28 Which account increased by the largest dollar amount? Account ( Req? Reg 2B > December 31, reported the following summarized information: Required: 1. Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. 2-a. Which account increased by the largest dollar amount? 2-b. Which account increased by the largest percentage? Complete this question by entering your answers in the tabs below. Req 1 Reg 2A Req 2B Which account increased by the largest percentage? Account ( Req 2A

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