QUESTION 25 The following is a summary of information presented on the financial statements of a company on December 31, 2025. Account 2025 2024 Current Assets $86,000 $78,000 Accounts Receivable 96,000 59,000 Merchandise Inventory 63,000 58,000 Current Liabilities 53,000 48,000 Long-term Liabilities 43,000 54,000 Common Stock 79,000 50,000 Retained Earnings 70,000 43,000 With respect to long-term liabilities, a horizontal analysis reveals O long-term liabilities decreased by $29,000 -term liabilities decreased by 58.00% long-term liabilities decreased by 20.37% Long-term liabilities decreased by $5,000