Prepare a horizontal analysis of both the balance sheet and income statement.

BENSON COMPANY
Horizontal Analysis of Balance Sheets
	2019	2018	Percentage Change
Assets
Current assets
Cash	$17,700	$13,300	not attempted	%
Marketable securities	20,600	6,800	not attempted
Accounts receivable (net)	54,100	46,900	not attempted
Inventories	136,900	143,000	not attempted
Prepaid items	26,200	11,800	not attempted
Total current assets	255,500	221,800	not attempted
Investments	27,000	20,900	not attempted
Plant (net)	271,200	256,300	not attempted
Land	29,700	25,000	not attempted
Total long-term assets	327,900	302,200	not attempted
Total assets	$583,400	$524,000	not attempted
Liabilities and Stockholders Equity
Liabilities
Current liabilities
Notes payable	$15,500	$5,000	not attempted
Accounts payable	113,300	98,400	not attempted
Salaries payable	20,100	14,300	not attempted
Total current liabilities	148,900	117,700	not attempted
Noncurrent liabilities
Bonds payable	98,400	98,400	not attempted
Other	31,800	26,200	not attempted
Total noncurrent liabilities	130,200	124,600	not attempted
Total liabilities	279,100	242,300	not attempted
Stockholders' equity
Preferred stock (par value $10, 4% cumulative, nonparticipating; 7,600 shares authorized and issued)	76,000	76,000	not attempted
Common stock (no par; 50,000 shares authorized; 10,000 shares issued)	76,000	76,000	not attempted
Retained earnings	152,300	129,700	not attempted
Total stockholders' equity	304,300	281,700	not attempted
Total liabilities & stockholders equity	$583,400	$524,000	not attempted	%

BENSON COMPANY
Horizontal Analysis of Income Statements
	2019	2018	Percentage Change
Revenues
Sales (net)	$231,000	$210,600	not attempted	%
Other revenues	8,700	5,700	not attempted
Total revenues	239,700	216,300	not attempted
Expenses
Cost of goods sold	118,100	101,800	not attempted
Selling, general, and administrative expenses	54,300	48,300	not attempted
Interest expense	6,800	6,000	not attempted
Income tax expense	21,700	20,700	not attempted
Total expenses	200,900	176,800	not attempted
Net income (loss)	$38,800	$39,500	not attempted	%