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Pinnacle Plus declared and paid a cash dividend of $6,700 in the current year. Its comparative financial statements, prepared at December 31, reported the
Pinnacle Plus declared and paid a cash dividend of $6,700 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? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. (Decreases should be indicated by a minus sign. Round percentage values to 1 decimal place.) PINNACLE PLUS Horizontal Analysis Current Year Previous Year Increase (Decrease) in the Current year (versus Previous year) Income Statement Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Interest Expense $ 111,000 $ 99.700 52,200 58,800 48.100 51,000 36.500 33.250 4.100 4,100 Amount Percentage Check my work
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