Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below.) Cash Accounts receivable Equipment, net Land Total assets Current Year $ 12,000 62,500 61,000 100,000 $ 235,500 Prior Year $ 15,000 28, 100 53,600 74,500 $ 171,200 Ky Work Accounts receivable Equipment, net Land Total assets 62,500 61,000 100,000 $ 235,500 28,100 53,600 74,500 $ 171,200 QS 13-5 (Algo) Horizontal analysis LO P1 Compute the annual dollar changes and percent changes for each of the following items. (Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.) Horizontal Analysis - Calculation of Percent Change Numerator: Denominator Percent change Current Year Dollar Change Percent Chango % $ Cash Accounts receivable Equipment, net Land Prior Year 12,000 $ 15,000 62,500 28,100 61,000 53.600 100,000 74,500 235,500 5 171,200 % % % Total assets $