s:/coastdistrict.instructure.com/courses/420...Q Givenchy: Red Pa Or OCC Home - c oast Coll ated Chines.. Question 1 Here is financial information for Teal Mountain Inc. December 31, 2017 December 31, 2016 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $1 par Retained earnings 108,800 404,400 103,400 124,800 132,800 152,200 94,400 352,800 67,800 94,400 117,800 167.200 Prepare a schedule showing a horizontal analysis for 2017, using 2016 as the base year.(If amount and percentage are a decrease show the numbers as negative, eg,-55,000,-20% or (55,000), (20%) Round percentages to 1 decimal place, eg. 12.1%) TEAL MOUNTAIN INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2017 2016 Amount Percentage Assets Current Assets 108,800 94,400 Plant assets (net) 404,400 352,800 Total assets 513,200 447.200