The balance sheets for Federer Sports Apparel for 2022 and 2021 are presented below. 2. Prepare a horizontal analysis for 2022 using 2021 as the base year. (Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) FEDERER SPORTS APPAREL Balance Sheet December 31 Year Increase (Decrease) Amount % 2022 2021 Assets Cash $ 2,430,000 $ 759,500 1,530,000 1,193,500 3,438,000 1,829,000 12,834,000 12,834,000 (2,232,000) (1,116,000) $ 18,000,000 $ 15,500,000 Accounts receivable Inventory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Contingent liability Common stock Retained earnings Total liabilities and stockholders' equity $ 1,602,000 $ 1,968,500 1,764,000 7,254,000 7,254,000 7,380,000 6.277,500 $ 18,000,000 $ 15,500,000