Take me to the text You have been asked to examine the financial statements for Organo Inc. and to comment on trends. a) Use horizontal analysis tools to compare the changes between 2019 and 2020 line items for the balance sheet. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Round all answers to 2 decimal places. Organo Inc. Balance Sheet As at December 31 2020 2019 % Change Current Assets Cash $316,000 $327,900 % Accounts Receivable $151,400 $188,000 % Inventory $434,600 $406,400 % Short-Term Investments $95,500 $120,000 % Total Current Assets $997,500 $1,042,300 % Other Assets $229,900 $320,300 % Total Assets $1,227,400 $1,362,600 % Current Liabilities $ 205,000 $253,300 % Long-Term Debt $88,900 $131,900 % Total Liabilities $293,900 $385,200 % Shareholders' Equity $933,500 $977,400 % Total Liabilities and Equity $1,227,400 $1,362,600 % b) Use vertical analysis tools to compare line items to the sales base figure. Organo Inc. Income Statement For the Year Ended December 31 2020 Sales $697,000 % Cost of Sales $278,800 % Gross Profit $418,200 % Operating Expenses Advertising Expense $5,900 % Bank Charges Expense $7,800 % Communication Expense $4,500 % Depreciation Expense $4,600 % Professional Fees Expense % $7,800 Rent Expense $4,400 % Repairs and Maintenance Expense $6,600 % Salaries and Wages Expense $73,500 % Transportation Expense $5,200 % Utilities Expense $5,500 % Total Operating Expenses $125,800 % Net Income $292,400 % Check