Required information The following information applies to the questions displayed below) The balance sheets for Sports Unlimited for 2021 and 2020 are provided below. 2. Prepare a horizontal analysis of Sports Unlimited's 2021 balance sheet using 2020 as the base year. (Negative amounts Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) SPORTS UNLIMITED Balance Sheets For the years ended December 31 Year 2021 2020 Increase (Decrease) Amount $ Assets Current Cash Accounts receivable inventory Prepaid rent Long-term as Investment in bonds Land 126.000 5 68.400 70,800 9,000 86.000 35.500 93 500 4,500 0 77.400 150,000 165.000 000 DD 19 Ro F 57 F5 & @ $ ca 6 7 8 9 4 5 2 3 W 0 E R. T Y U Required information $ 126,000 $ 68,400 70,800 9,000 86,000 35,500 93,500 4,500 77.400 159,000 142,800 (53,400) 600.000 $ 0 168,000 139.500 (27,000) 500,000 Assets Current assets Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity Common stock Retained earnings Total liabilities and stockholders' equity $ $ 36,000 $ 24,000 16.800 53,500 12,000 13,500 178,800 124,500 234,000 109,800 600,000 $ 234,000 62,500 500.000 $ TO 000 80 F3 Odo 77 F4