TCC Audio declared and paid a cash dividend of $5,525 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information: Increase (Decrease) in Current (versus Previous) Current Previous Amount Percentage Income Statement Sales Revenue $222,000 $185,000 Cost of Goods Sold 127,650 111,000 Gross Profit 94,350 74,000 Operating Expenses 39,600 33,730 Interest Expense 4,000 3,270 Income before Income Tax Expense 50,750 37,000 Income Tax Expense (30%) $15,225 $11,100 Net Income $35,525 $25,900 Balance Sheet Cash 40,000 38,000 Accounts Receivables, Net 18,500 16,000 Inventory 25,000 22,000 Property and Equipment, Net 127,000 119,000 Total Assets 210,500 195,000 Accounts Payable $27,000 $25,000 Income Tax Payable 3,000 2,800 Note Payable (Long-Term) 75,500 92,200 Total Liabilities $105,500 $120,000 Common Stock (par $1) 25,000 25,000 Retained Earnings 80,000 50,000 Total Liabilities and Stockholder's Equity $210,500 $- $195,000 Required: 1. Calculate the two final columns shown beside each item in TCC Audis's comparative financial statements. (Round the precentages to two decimal places.) 2. Which account increased by the largest dollar amount? Which account increased by the lartest precentage?