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 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) Amount Percentage Income Statement Sales Revenue Cost of Goods Sold $ 113,000 $ 101,100 % 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 $ 13,020 $ 10,325 % Balance Sheet Cash $ 67,920 $ 35,400 % Accounts Receivable, Net 17,600 11,400 % Inventory 25,300 38,600 % Property and Equipment, Net 95,300 106,500 % Total Assets $ 206,120 $ 191,900 % Accounts Payable $ 42,600 $ 35,300 % Income Tax Payable 1,600 800 % Notes Payable (long-term) 43,000 43,000 % Total Liabilities 87,200 79,100 % Common Stock (par $10) 85,000 85,000 % Retained Earnings 33,920 27,800 Total Liabilities and Stockholders' Equity $ FA 206,120 $ 191,900 do % 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? -b. Which account increased by the largest percentage? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Which account increased by the largest dollar amount? Account < Req 1 Req 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? -b. Which account increased by the largest percentage? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Which account increased by the largest percentage? Account < Req 2A Req 2B >