The comparative financial statements prepared at December 31 for Tiger Audio showed the following summarized data:

Required:

1.	Complete the two final columns shown beside each item in Tiger Audios comparative financial statements. (Decreases should be indicated by a minus sign. Round percentage values to 1 decimal place.)

Required 1. Complete the two final columns shown beside each item in Tiger Audio's comparative financial statements. (Decreases should be indicated by a minus sign. Round percentage values to 1 decimal place.) TIGER AUDIO Horizontal Analysis Increase (Decrease) in Current (versus Previous) Current Previous Amount Percentage Income Statement Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense (30%) Net Income Balance Sheet Cash Accounts Receivable, Net Inventory Property and Equipment, Net Total Assets Accounts Payable Income lax Payable Note Payable (long-term) Total Liabilities Common Stock (par $1) Retained Earnings Total Liabilities and Stockholders' EquityS 215,405 $ 194,060 $ 226,000 $ 188,000 112,800 75,200 33,930 3,450 37,820 11,346 $ 35,105 $ 26,474 131,650 94,350 40,000 4,200 50,150 15,045 $40,305 $ 33,660 16,200 22,200 122,000 $ 215,405 $ 194,060 $27,400 $25,300 2,960 91,800 120,060 26,000 48,000 18,800 25,300 131,000 3,200 75,700 106,300 26,000 83,105