Question 2: Selected financial information for Trant Corporation is presented below. Prepare a schedule showing a horizontal analysis for 2017 using 2016 as the base year. (Round percentage answers to 0 decimal places, e.g. 15%.)

Increase or (Decrease)
	Dec. 31, 2017	Dec. 31, 2016	Amount	Percentage
Current Assets	55,000	40,000		%
Long-term liabilities	90,000	80,000		%
Retained earnings	125,000	100,000		%

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