The following is a summary of information presented on the financial statements of a company on December 31, 2019. 2018 $76,000 73,000 53,000 52,000 50,000 52,000 48,000 Account Current Assets Accounts Receivable Merchandise Inventory 2019 $84,000 91,000 63,000 Current Liabilities Long-term Liabilities Common Stock Retained Earnings With respect to long-term liabilities, a horizontal analysis reveals 54,000 39,000 79,000 66,000 A. long-term liabilities decreased by 51.92% OB. long-term liabilities decreased by 22% OC. long-term liabilities decreased by $2,000 OD. long-term liabilities decreased by $27,000

The following is a summary of information presented on the financial statements of a company on December 31,2019. With respect to long - term liabilities, a horizontal analysis reveals A. long - term liabilities decreased by 51.92% B. Iong - term liabilities decreased by 22% C. Iong - term liabilities decreased by $2,000 D. long - term liabilities decreased by $27,000