Required information [The following information applies to the questions displayed below.) The balance sheets for Company A for Year 2 and Year 1 are presented below. 2. Prepare a horizontal analysis for Year 2 using Year 1 as the base year (Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) COMPANYA Balance Sheet December 31 Increase (Decrease) Amount % Year 2 Year 1 $ $ Assets Cash Accounts receivable Inventory Buildings 3,045,000 1,743,000 3,045,000 15,561,000 988.000 1,368,000 2,280,000 15,561,000 STUUT Assets TS 1 Cash 11 / $ 3,045,000 1,743,000 3,045,000 15,561,000 (2,394,000) $ 21,000,000 $ 988,000 1,368,000 2,280,000 15,561,000 (1,197,000) $ 19,000,000 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 $ 2,337,000 I TOT 1,827,000 1,827,000 8.778,000 8,568,000 $ 21,000,000 8,778,000 7,885,000 $ 19,000,000