Prepare a horizontal analysis of the balance sheet. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).)

Prepare a horizontal analysis of the income statement. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).)

Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items Total current assets Investments Plant (net) Land Total long-term assets Total assets Liabilities and Stockholders' Equity Liabilities Current liabilities Notes payable Accounts payable Salaries payable Total current liabilities Noncurrent liabilities Bonds payable Other Total noncurrent liabilities Total liabilities Stockholders' equity Preferred stock (par value $10, 4% cumulative, nonparticipating: 6,300 shares authorized and issued) Common stock (no par; 50,000 shares authorized; 10,000 shares issued) Retained earnings WALTON COMPANY Horizontal Analysis of Balance Sheets Total stockholders' equity $ 69 $ 2019 16,900 $ 20,900 55,800 135.200 26,900 255,700 28,200 270,400 30,700 329,300 585,000 $ 15,700 $ 113,500 19,600 148,800 98,900 31,300 130,200 279,000 63.000 63,000 180,000 306,000 2018 12,800 6,200 47,700 143,900 11,800 222,400 21,100 256,800 24,500 302,400 524,800 5,300 99,100 13,600 118,000 98,900 26,800 125,700 243,700 63,000 63,000 155,100 281,100 Percentage Change % Analysis Bal Analysis Inc Sheet Stmt Prepare a horizontal analysis of the income statement. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) Revenues Sales (net) Other revenues Total revenues Expenses Cost of goods sold Selling, general, and administrative expenses Interest expense Income tax expense Total expenses WALTON COMPANY Horizontal Analysis of Income Statements 2019 Net income (loss) $ $ 230,100 $ 210,000 9,200 6,400 239,300 216,400 118,000 54,700 8,000 22,300 203,000 36,300 $ 2018