Required information The following information applies to the questions displayed below.) The balance sheets for Fantasy Football for 2021 and 2020 are provided below. 2. Prepare a horizontal analysis of Fantasy Football's 2021 balance sheet using 2020 as the base year. (Negative amounts and Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) FANTASY FOOTBALL Balance Sheets December 31 Year 2021 Increase (Decrease) Amount % 2020 S 206,400 1,032,000 2.424,000 187,200 281,600 1.249,600 1,504,800 96,800 Assets Current assets: Cash Accounts receivable Inventory Supplies Long-term assets: Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable 1,584,000 (633,600)| 4,800,000 1,584,000 (316,800) 4,400,000 $ $ 216,000 S 127,600 4.400 52,800 52,800 Long-term liabilities: 1,267,200 1,267,200 Notes payable Stockholders' equity Common stock Retained earnings Total liabilities and stockholders' equity 893,200 2,370,800 4,800,000 893,200 2,054,800 4,400,000 $ $