Required information The following information applies to the questions displayed below) The balance sheets for Federer Sports Apparel for 2022 and 2021 ore presented below. TO 2. Prepare a horizontal analysis for 2022 using 2021 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.) FEDERER SPORTS APPAREL Balance Sheet December 31 Year Increase (Decrease 2022 2021 Amount % Assets Cash $ 3,045,000 $ 088.000 Accounts receivable 1.745.000 1,368,000 Inventory 3,046,000 2.280,000 Buddings 15.561,000 15.561,000 Les Accumulated depreciation 2,394.000) (1.197.000) Total $ 21,000,000 5 19.000.000 Liabilities and Stockholders' Equity Accounts payable $ 1.127.000 $. 2.337.000 Contingent 1,027.000 Commons M.778,000 8.778,000 Retained mig 500.000 7.500.000 Total and soul $ 21.000.000 5 1,000,000 es