Question 1 Here is financial information for Sage Hill Inc.. December 31, 2020 Current assets $101.007 Plant assets (net) 367,488 Current liabilities 99,227 Long-term liabilities 126,268 Common stock $1 126,000 par Retained earnings 117,000 December 31, 2019 $87.000 319,000 67.000 96,000 112,000 131,000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (If amount and percen SAGE HILL INC. Condensed Balance Sheet December 31 Increase or (Decrease) Amount Percentage 2020 2019 Assets Current Assets $101.007 $87.000 % Plant assets (net) 367.488 319,000 9 Total assets $468,495 $406.000 % Liabilities Current Liabilities 599,227 $67.000 $ Long-term labilities 126,268 96,000 Total abilities $225,495 $163.000 Stockholders' Equity Conmon stock, 51 par 126,000 112,000 Retained earnings 117.000 131.000 46 Total stockholders' equity 243,000 243.000 % Total liabilities and stockholders equity $468,495 $406.000 Click if you would like to Show Work for this questions Open Show Work LINK TO TEXT