The following is a summary of information presented on the financial statements of a company on December 31, 20X9. Account 20X9 20X8 Current Assets $84,000 $74,000 Accounts Receivable 91,000 82,000 Merchandise Inventory 63,000 57,000 Current Liabilities 56,000 54,000 Long-term Liabilities 44,000 50,000 Common Stock 72,000 59.000 Retained Earnings 66,000 50,000 With respect to long-term liabilities, a horizontal analysis reveals long-term liabilities decreased by 22.03% O long-term liabilities decreased by $13.000 O long-term liabilities decreased by $2000 long-term liabilities decreased by 12%