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Summary financial information for Sheffield Company is as follows. Compute the amount and percentage changes in 2022 using horizontal analysis, assuming 2021 is the base

Summary financial information for Sheffield Company is as follows.

Compute the amount and percentage changes in 2022 using horizontal analysis, assuming 2021 is the base year. Increase (Decrease) in 2022 December 31, December 31, 2022 2021 Amount Percent Current Assets $189.200 $220.000 Plant Assets 834,600 780.000 Total assets $1.023.800 $1.000.000 %24

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