Question 6 Here is financial information for Glitter Inc. Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par December 31, 2020 $123,000 395,300 89,279 130,592 156,959 December 31 2019 $100,000 335,000 73,000 88,000 117,000 Retained earnings 131,470 157,000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (Enter negative amounts and percentages using either a negative sign preceding the number 6.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) GLITTER INC Condensed Balance Sheets December 31 Increase or (Decrease) Amount Percentage 2020 2019 Assets Orrcnt ats $123,000 $100,000 S 50 Plant assets (net) 395,300 335,000 % Total assets $518,300 $435,000 5 % Liabilities Current labities $99.279 $73,000 Long-term labits 130.592 68,000 50 219,871 161.000 Total liabilities Stockholders' Equity Common stock, $1 par 166,959 117,000 50 Betained earnings 131,470 157,000 Total stockholders' equity 296,129 274,000 Total liabilities and stockholders' equity $518,300 $435,000 S Click if you would like to Show Work for this question: Open Show Work