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).) SOLOMON COMPANY Horizontal Analysis of Balance Sheets 2019 2018 Percentage Change $ 13,300 7,900 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 16,400 21,400 55,800 136,400 25,100 255,100 27,200 271,000 31,000 329,200 584,300 47,100 144,900 11,200 224,400 20,600 255,100 25,400 301,100 525,500 $ $ $ 15,200 112,800 5,400 99,700 Solariara ko Con 12 zon $ $ 15,200 112,800 20,800 148,800 5,400 99,700 13,700 118,800 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: 7,100 shares authorized and issued) Common stock (no par: 50,000 shares authorized; 10,000 shares issued) Retained earnings Total stockholders' equity Total liabilities & stockholders' equity 99,900 30,400 130,300 279,100 99,900 26,900 126,800 245,600 0.0 71,000 71,000 163,200 305,200 584,300 71,000 71,000 137,900 279,900 525,500 $ $