Selected financial information for Electric Limited for a six-year period follows: Required Requirement 1. Prepare a horizontal analysis to compare 2023 to 2022. (Round percentages to two decimal places, X.XX\%.) Required 1. Prepare a horizontal analysis to compare 2023 to 2022 . Which accounts increased the most? 2. Compute the trend percentages for 2019 through 2023 , using 2018 as the base year. 3. From the above data, what can we infer about expenses from 2018 through 2023? (Hint: Sales less net income will give amount of expenses. Compare the rate of growth in expenses to that of sales.) 4. Have total assets grown at the same rate as the growth in sales