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The comparative accounts payable and long-term debt balances for a company follow, Current Year Previous Year Accounts payable 544,895 $61,500 Long term debt 12,792 63,200

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The comparative accounts payable and long-term debt balances for a company follow, Current Year Previous Year Accounts payable 544,895 $61,500 Long term debt 12,792 63,200 Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Entet all answers as positive numbers. Amount of Change Increase/Decrease Percentage Accounts payable Decrease Long-term debt Increase 9

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