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Question 1 of 4 < > Current Attempt in Progress Here is financial information for Larkspur, Inc. December 31, 2022 December 31, 2021 Current
Question 1 of 4 < > Current Attempt in Progress Here is financial information for Larkspur, Inc. December 31, 2022 December 31, 2021 Current assets $110,390 $95,000 Plant assets (net) 416,576 368,000 Current liabilities 105.910 70,000 Long-term liabilities 109,056 81.000 Common stock $1 par 140.868 126,000 Retained earnings 171,132 186,000 -12 E Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. Of amount and percentage are a decrease show the numbers as negative, eg-55,000, -20% or 155,000), (20%). Round percentages to 1 decimal place, eg 12.1%) LARKSPUR, INC. Condensed Balance Sheet December 31 2022 2021 Assets Current Assets $110.390 $95,000 Plant assets (net) 416376 368,000 Total assets $526,966 $463,000 Liabilities Current Liabilities $105,910 $70,000 Increase or (Decrease) Amount Percentage Question 1 of 4 > -/2 E 1 Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year. (If amount and percentage are a decrease show the numbers as negative, eg-55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, eg. 12.1K) LARKSPUR, INC. Condensed Balance Sheet December 31 2022 2021 Assets Current Assets $110,390 $95,000 $ Plant assets (net) 416576 368,000 Total assets : $526,966 $463,000 Liabilities Current Liabilities $105.910 $70,000 $ Long-term liabilities 109,056 81,000 Total liabilities $214,966 $151,000 $ Stockholders' Equity Common stock, $1 par 140,868 126.000 Retained earnings 171.132 186.000 Total stockholders' equity 312.000 312.000 Total liabilities and stockholders' equity $526.966. $463.000 $ Increase or (Decrease) Amount Percentage
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