Required information The following information applies to the questions displayed below.) The balance sheets for Federer Sports Apparel for 2022 and 2021 are presented below 2. Prepare a horizontal analysis for 2022 using 2021 as the base year. (Note: If the percentage increase or decrease canne calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to place.) FEDERER SPORTS APPAREL Balance Sheet December 31 Year 2022 2021 Increase (Decrease) 90 Amount Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders equity $ 2,430,000 $ 759,500 1,530,000 1,193,500 3.438.000 1829,000 12.834.000 12.834,000 (2.232.000) (1.110.000) $ 18,000,000 $. 15,500.000 $1,602,000 5 1.968,500 1,764 000 7.254.000 7.254.000 7,380.000 6,277,500 $18,000,000 $15,500.000 MacBook an DOO 600 FE 2 $ 4 % 5 & 7 3 8 ON Required information The following information applies to the questions displayed below.) The balance sheets for Federer Sports Apparel for 2022 and 2021 are presented below 2. Prepare a horizontal analysis for 2022 using 2021 as the base year. (Note: If the percentage increase or decrease canne calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to place.) FEDERER SPORTS APPAREL Balance Sheet December 31 Year 2022 2021 Increase (Decrease) 90 Amount Assets Cash Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders equity $ 2,430,000 $ 759,500 1,530,000 1,193,500 3.438.000 1829,000 12.834.000 12.834,000 (2.232.000) (1.110.000) $ 18,000,000 $. 15,500.000 $1,602,000 5 1.968,500 1,764 000 7.254.000 7.254.000 7,380.000 6,277,500 $18,000,000 $15,500.000 MacBook an DOO 600 FE 2 $ 4 % 5 & 7 3 8 ON