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Question 1 Here is financial information for Splish Brothers Inc Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings

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Question 1 Here is financial information for Splish Brothers Inc Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings December 31, 2017 $108,300 402,600 101,600 124,300 132,300 152,700 December 31, 2016 $92,600 352,300 67,300 92,600 117,300 167,700 Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year. (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000,-2096 or (55,000), (2096). Round percentages to 1 decimal place, e.g. 12.196.) SPLISH BROTHERS INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2017 2016 Amount Percentage Assets Current Assets $108,300 $92,600

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