Required Prepare a horizontal analysis of the balance sheet and income state ent for 2015 and 2014. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e. .234 should be entered as 23.4).) REVNIK COMPANY Horizontal Analysis of Balance Sheet As of December 31 2015 2014 Percentage Change Assets Current asset Cash 17900 12,400 20.600 6.400 Marketable securities 55.000 46.200 Accounts receivable (net) 1 136,600 144,800 Inventories 26,000 10700 Prepaid items 256100 220.500 Total current assets 28.000 20.300 Investments 270.000 Plant (net) 255,800 Land 30 700 24 400 300,500 329,600 Total long-term assets 585.700 521.000 Total assets Liabilities Current liabilities 16.200 6.000 Notes payable 112.300 98.400 Accounts payable 19.800 13900 Salaries payable 148.300 118.300 Total current liabilities Noncurrent liabilities 98.900 98.900 Bonds payable other 30 300 26 400 125.300 129,200 Total noncurrent liabilities Total liabilities 243,600 277,500 Stockholders' equity Preferred stock, (par value $10, 4% cumulative non-participating; 6,300 shares authorized andissued) Common stock (No par, 50,000 shares authorized 10,000 shares issued) Retained earnings Total stockholders' equity 308,200 277,400 521,000 585,700 Total liabilities and stockholders' equity