The balance sheets for Sports Unlimited for 2024 and 2023 are provided below. Prepare a horizontal analysis of Sports Unlimited's 2024 balance sheet using 2023 as the base year. (Values to be deducted and ecreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) SPORTS UNLIMITED Balance Sheets For the Years Ended December 31 Year Increase (Decrease) 2024 2023 Amount % Assets Current assets Cashi Accounts receivable Inventory Prepaid rent Long-term assets $ 217,800 $ 148,000 101,700 51,200 91,800 159,200 28,800 14,400 Investment in bonds 100,800 15,400 Land 191,700 253,600 Equipment 213,300 201,600 Less: Accumulated depreciation (45,900) (28,000) Total assets $ 900,000 $ 815,400 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 59,400 $ 84,800 Interest payable 28,800 14,400 Income tax payable Long-term liabilities Notes payable 15,300 15,200 301,500 280,000 Required information 2024 ZUZ3 Amount Assets Current assets Cashi Accounts receivable: Inventory Prepaid rent Long-term assets: Investment in bonds Land Equipment Less: Accumulated depreciation $ 217,800 $ 148,000 101,700 51,200 91,800 159,200 28,800 14,400 100,800 15,400 191,700 253,600 213,300 201,600 (45,900) (28,000) Total assets $ 900,000 $ 815,400 Liabilities and Stockholders' Equity Current liabilities: Accounts payable S 59,400 $ 84,800 Interest payable 28,800 14,400 Income tax payable Long-term liabilities: Notes payable Stockholders' equity 15,300 15,200 301,500 280,000 Common stock 288,000 288,000 Retained earnings 207,000 133,000 Total liabilities and stockholders' equity $ 900,000 $ 815,400