Required 1. Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. (Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) PINNACLE PLUS Horizontal Analysis Increase (Decrease) in the Current year (versus Previous vear Current Year Previous Year Amount Percentage Income Statement Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) Net Income Balance Sheet Cash Accounts Receivable, Net Inventory Property and Equipment, Net Total Assets Accounts Payable Income Tax Payable Note Payable (long-term) Total Liabilities Common Stock (par $10) Retained Earningst Total Liabilities and Stockholders Equity207,740 S 192,800 tDuring the current year, cash dividends amounting to $7,200 were declared and paid. $ 116,000 103,200 48,600 54,600 34,500 4,600 15,500 4,650 $ 13,44010,850 53,200 62,800 39,000 4,600 19,200 5,760 $ 68,340 $ 18,200 25,600 95,600 34,800 10,800 39,200 108,000 $ 207,740 192,800 $ 43,200 35,600 1,100 46,000 82,700 82,000 28,100 2,200 46,000 91,400 82,000 34,340 2-a. Which account increased by the largest dollar amount? IPDS Increased Account 2-b. Which account increased by the largest percentage? Increased Account