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Pinnacle Plus declared and paid a cash dividend of $7.600 in the current year. Its comparative financial statements, prepared at December 31, reported the following

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Pinnacle Plus declared and paid a cash dividend of $7.600 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. Req1 Reg 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 Hortatal Analysis Increase (Deca In the Current year (ver the Previous year Curred Year Previous Year Amunt Percentage Income Statement Sales Revenue 5 120.000 100.000 Cost of Goods Bild $1.000 40.000 Gross Pro 66.000 57.000 Operating per 41,000 35.500 Interest 5,000 5.000 Income before income Tax Expense 20,000 18.500 Income Tax Expense 30%) 6,000 4,050 Netcom 5 14.000 5 11.050 Balance sheet 5 78.110 S 40,000 Account Recew, Net 10.000 12.500 Inventory 20.000 40.000 Property and Equipment, 95.000 110.000 Total Asus 10.110 203,300 Account Pay . 40000 Income Tax Payne 3910 Note Payable ang tamm 50.000 60.000 Total Liabetes 97210 87.000 Common och per $10 87.000 B2.000 Ratained Earn 34.900 20.00 Total Liband Equity Pinnacle Plus deciared and paid a cash dividend of $7,600 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. 2-0. 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 Reg 2A Reg 28 Which account increased by the largest dollar amount? ACCOUNT Seved Pinnacle Plus declared and paid a cash dividend of $7,600 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 Reg 2A Reg 28 Which account increased by the largest percentage? Account Red 2A

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