please do not give me the answer already on the app. thank you

$ Table 4-4 Moderately Large Corporation Consolidated Balance Sheet Moderately Large Corporation Consolidaed Balance Sheet (in thousands except share data) Fiscal Year Ended Dec 31, 2013 Dec 31, 2012 ASSETS Current assets: Cash and cash equivalents $ 1,369 $ 1,427 Accounts receivable, net 1,008 876 Inventories 1,489 481 Prepaid expenses and other current assets 157 126 Deferred income taxes, net 44 40 Total current assets 4,066 2,950 Property, plant and equipment, net 3,137 2,287 Other assets 168 161 TOTAL ASSETS $ 7.371 $ 5,398 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts payable $ 429 242 Accrued compensation and related costs 104 98 Accrued taxes 132 141 Current portion of long-term debt 89 82 Total current liabilities 754 563 Long-term debt 2,630 1,830 Total liabilities 3,384 2,392 Shareholders' equity: Common stock ($0.1 par value) --- authorized, 4,000,000 shares; issued and outstanding, 3,500,000. 350 350 Paid-in capital in excess of par 2,415 2,415 Retained earnings 1,222 241 Total shareholders' equity 3,987 3,006 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 7,371 $ 5,398 $ Given the balance sheet for Moderately Large Corporation (Table 4-4) answer the following: 2. a. Perform a horizontal analysis of the MLC balance sheet (Table 4-4). Compare assets, liabilities, and owner's equity from one year to the next. Is the corporation better off in 2013 or in 2012? Explain your answer. b