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.) TIGER AUDIO Horizontal Analysis Increase (Decrease) in Current (versus Previous) Current Previous Amount Percentage Income Statement Sales Revenue $232,000 $192,500 % Cost of Goods Sold 137,650 115,500 % Gross Profit 94,350 77,000 % Operating Expenses 40,600 34,230 % Interest Expense 4,500 3,720 % Income before Income Tax Expense 49,250 39,050 % Income Tax Expense (30%) 14,775 11,715 % Net Income $34,475 $27,335 % Balance Sheet Cash $32,475 $27,150 % Accounts Receivable, Net 19,250 16,500 % Inventory 25,750 22,500 % Property and Equipment, Net 137,000 126,500 % Total Assets $214,475 $192,650 % Accounts Payable $28,000 $25,750 % Income Tax Payable 3,500 3,200 % Note Payable (long-term) 76,000 91,200 % Total Liabilities 107,500 120,150 % Common Stock (par $1) 27,500 27,500 % Retained Earnings* 79,475 45,000 % Total Liabilities and Stockholders Equity $214,475 $192,650 % *No cash dividends were paid during the current year. 2-a. Which account increased by the largest dollar amount? 2-b. Which account increased by the largest percentage?