Problem 13-17A Allendale Company Horizontal Analysis of Balance Sheets 2019 2018 | % Change Assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid items $40,000 $36,000 6,000 46,000 20,000 54,000 135,000 25,000 274,000 27,000 270,000 29,000 326,000 143,000- 10,000 Total current assets Investments Plant (net) Land 241,000 20,000 255,000 24,000 299,000 $600,000 $540,000 Total long-term assets Total assets Liabilities Notes payable Accounts payable Salaries payable 17,000 6,000 100,000 113,800 1 15,000 21,000 151,800 100,000 Total current liabilities 121,000 100,000 Bonds payable Other 32,000 27,000 | 000 127,000 248,000 132, Total noncurrent liabilities Total liabilities Stockholders' Equity 283,800 Preferred stock Common stock Retained earnings 80,000 80,000 156,200 316,200 $600,000 80,000 80,000 132,000 292,000 $540,000 Total stockholders' equity Total liabilities & stockholders' equity -- 13-1