Pinnacle Plus declared and paid a cash dividend of $6,800 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 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 the Previous year) Amount Percentage Current Year Previous Year Income Statement $ $ 100,400 % Sales Revenue Cost of Goods Sold 112,000 52,400 48,200 Gross Profit 59,600 52,200 33,500 4,200 Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) 37,000 4,200 18,400 5,520 14,500 4,350 10,150 Net Income $ 12,880 $ % Balance Sheet Cash $ $ 37,900 % 69,822 17,400 25,200 95,200 207,622 11,600 38,400 106,000 193,900 $ $ % $ $ 35,200 % 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 42,400 1,442 1,000 42,000 85,842 88,000 42,000 78,200 33,780 88,000 27,700 193,900 $ 207,622 $ % Req 1 Req 2A Req 2B Which account increased by the largest dollar amount? Account