Show Me How Calculator Horizontal Analysis The comparative accounts payable and long-term debt balances of a company are provided below. Current YearPrevious Year $76,700 75,200 Accounts payable Long-term debt Based on this information, what is the amount and percentage of increase or decrease that would be shown in a balance sheet with horizontal analysis? Enter all answers as positive numbers. $52,923 86,480 Amount of Change Increase/Decrease Percentage Accounts payable -23,777 X Decrease -311x % 11,280 Increase v 151 % Long-term debt Calculate the change in the amount and divide by the base (older) year amount to determine the percentages Learning Objective 2. horizontal analysis