Required Information Exercise 12-4B Prepare vertical and horizontal analyses (L012-1, 12-2) The following information applies to the questions displayed below.] The balance sheets for Company A for Year 2 and Year 1 are presented below. Exercise 12-4B Part 2 2. Prepare a horizontal analysis for Year 2 using Year 1 as the base year. (Decreases should be Indicated by a minus sign. Round yo percentage answers to 1 decimal place.) COMPANYA Balance Sheet December 31 Year Hal Year 2 Increase (Decrease) Amount 96 Year 1 Assets Cash Accounts receivable Inventor Buildings $ 3.045,000 1,743,000 3.045.000 15,501.000 12.304,000) $ 21,000,000 $ 988,000 1368.000/ 2.280,000 15.501,000 (1,107,000) $ 10.000.000 Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable 2.337.000 Contingent liability $ 1.827.000 1,827.000 8.778,000 8,568.000 IS 21.000.000 8.778.000 7.885.000 $ 10.000.000 arnings Total liabilities and stockholders equity