Pinnacle Plus declared and paid a cash dividend of $6,400 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 statements. 2-a. Which account increased by the largest dollar amount? 2-b. Which account increased by the largest percentage? PINNACLE PLUS Horizontal Analysis Increase (Decrease) in the Current year (versus Previous year) Amount Percentage Current Year Previous Year $ $ 122,000 54,400 67,600 35,000 3,800 28,800 8,640 20,160 107,400 49.2001 58,200 32,200 3.800 22.2001 6,660 15,540 ces $ Income Statement 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 $ $ $ $ $ 75,860 17.400 24.800 94,800 212,860 44,400 1,400 38.000 83,800 88.000 41,060 212,860 38,200 10,400 37,600 104.000 190,200 36,200 700 38,000 74.900 88,000 27,300 190,200 $ $