Pinnacle Plus declared and paid a cash dividend of $6,900 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. Reg 1 Req 2A Reg 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 Increase (Decrease) in the Current year (versus the Previous year) Current Year Previous Year Amount Percentage Income Statement Sales Revenue S 113,000 $ 101,100 % Cost of Goods Sold 52,600 48,300 Gross Profit 60.400 52.800 Operating Expenses 37,500 33,750 Interest Expense 4,300 4,300 Income before Income Tax Expense 18,600 14,750 Income Tax Expense (30%) 5,580 4,425 Net Income S 13.020 S 10,325 % Balance Sheet Cash S 67.976 S 35,700 % Accounts Receivable, Net 17,600 11,400 Inventory 25,300 38,600 Property and Equipment, Net 95,300 106,500 Total Assets 206, S 192,200 % Accounts Payable S 42,600 S 35,300 % Income Tax Payable 1,656 1,100 Note Payable (long-term) 43,000 43,000 Total Liabilities 87,256 79.400 Common Stock (par $10) 85,000 85,000 Retained Earnings 33,920 27,800 Total Liabilities and Stockholders' Equity S 206,176 $ 192,200 %