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The following information applies to the questions displayed below) The balance sheets for Federer Sports Apparel for 2022 and 2029 are presented below. 2. Prepare

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The following information applies to the questions displayed below) The balance sheets for Federer Sports Apparel for 2022 and 2029 are presented below. 2. Prepare a horizontal analysis for 2022 using 2021 as the base year. (Note: If the percentage increase or decrease cannot be calculated, then leave the cell blank. Decreases should be indicated by a minus sign. Round your percentage answers to 1 dec place.) FEDERER SPORTS APPAREL Balance Sheet December 31 Year 2022 2021 Increase (Decres Amount Assets 5 2.200.000 $ 728.000 1.456.000 1.078.000 3.040,000 1.778.000 11,536,000 11.536.000 (2.240,000) (1.120.000 $ 16,000,000 $14,000,000 Accounts receivable twentory Buildings Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity hooounts payabi Contingent ability Commons Retained earnings Total abilities and stockholdersgaty 5 1.000.000.000.000 1.392.000 0.048.000 6048.000 8.900.000 6.272.000 $10.000.000 $ 54,000,000 od 30 ODE DOD @ 7 8 9 6 5 2 3 4 0 Q WE R. TY U

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