Required information [The following information applies to the questions displayed below] The balance sheets for Federer Sports Apparel for 2025 and 2024 are presented below. 2. Prepare a horizontal analysis for 2025 using 2024 as the base year (Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) Assets Cash Accounts receivable Inventory FEDERER SPORTS APPAREL Balance Sheet December 31 Year Increase (Decrease) 2025 2024 Amount $ 2.640,000 $ 990,000 1,820,000 1,512,000 3,300,000 2,178,000 14,400,000 Buildings Less Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent Sability Common stock Retained earnings Total liabilities and stockholders' equity 14.400.000 (2.160,000) (1.080,000) $ 20.000.000 $ 18,000,000 $ 1,640,000 $ 2,178,000 1.900.000 9,360,000 7.100.000 1,160,000 9.360.000 5,302.000 $ 20,000,000 $18,000,000)