The comparative balance sheet of Teal Mountain Company appears below: TEAL MOUNTAIN COMPANY Comparative Balance Sheet December 31, Assets 2022 2021 Current assets $450 $290 Plant assets 600 510 Total assets $1,050 $800 Liabilities and stockholders' equity Current liabilities $290 $140 Long-term debt 310 170 Common stock 90 220 Retained earnings 360 270 Total liabilities and stockholders' equity $1,050 $800 (a) Using horizontal analysis, show the percentage change for each balance sheet item using 2021 as a t change is a decrease show the numbers as negative, eg.-12.1% or (12.1%). Round percentages to O decimal TEAL MOUNTAIN COMPANY 83 62 W 0 54 4 MacBook Pro Search or type URL 85 6 &7 8 E R T Y D Question 9 of 9 -13 EE "Using horizontal analysis, show the percentage change for each balance sheet item using 2021 as a base year. If percentage change is a decrease show the numbers as negative, eg.-12.1% or (12.1%). Round percentages to O decimal places, eg. 12%) TEAL MOUNTAIN COMPANY Comparative Balance Sheet December 31 Assets 2022 2021 Percentage change Current assets $450 $290 % Plant assets 600 510 * Total assets $1.050 $800 Liabilities and stockholders' equity % Current liabilities $290 $140 % Long-term debt 310 170 90 220 Common stock 360 270 Retained earnings % Total liabilities and stockholders' equity $1,050 $800 Save for Later Using multiple attempts will impact your score. 10% score reduction after attempt 1 Michool Pro Coarch or type URL Attempts: 0 of 3used Submit An