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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.

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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 cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decima place.) FEDERER SPORTS APPAREL Balance Sheet December 31 Year 2022 2021 Increase Decrease] Amount % $ S T 2.208,000 1456 000 3,040 000 11,536.000 (2.240.000) 16 000,000 728,000 1 1078,000 1.778.000 11.536.000 (1,120,000 14,000 000 $ Accounts receivable Inventory Bunga Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earings Total abilities and stockholders equity $ $ 1,680.000 1,600,000 1.392.000 6,048 000 6960000 16.000.000 6,048.000 6272.000 $14,000,000 - WERT Yul

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