The comparative financial statements for Prince Company are below: Year 1 Year 2 Income statement: Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income Balance sheet: Cash Accounts receivable (net) Inventory Property and equipment (net) Total assets Current liabilities (no interest) Long-term liabilities (8 interest) Common stock ($5 par value, 5,800 shares outstanding) Retained earnings Total liabilities and stockholders' equity $ 190,100 112,900 77,200 56,400 20,800 $167,600 100,400 67,200 53,400 13,800 4,140 $ 9,660 6,240 $14,560 $ 4,800 $ 5,700 16,700 33,400 36,400 $ 92,200 15 20016,200 44,400 29,000 2,600 $ 92,200 14,600 40,200 45,700 $105,300 $15,200 44,400 29,000 16,700 $105,300 Required: 1. Complete the following columns for each item in the preceding comparative financial statements: (Round your percentage answers to 2 decimal places.(i.e., 0.1234 should be entered as 12.34). Decreases should be indicated by a minus sign.) PRINCE COMPANY Income Statement At December 31, Year 2 Increase (Decrease) Year 2 over Year 1 Amount Percent Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income PRINCE COMPANY Balance Sheet At December 31, Year 2 Increase (Decrease) Year 2 over Year 1 Amount Percent Cash Accounts receivable (net) Inventory quipment (net) Total Assets Current liabilities (no interest) Long-term liabilities (8% interest) Common stock ($5 par value, 5,800 shares outstanding) Retained earnings Total Liabilities & Equity 2. By what amount did the current ratio change? (Round your intermediate calculations and final answer to 2 decimal places.) Current ratio change