Tiger Audio declared and paid a cash dividend of $5,625 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information: Required: 6:36 1. Complete the two final columns shown beside each item in Tiger Audio's comparative financial statements. 2-a. Which account increased by the largest dollar amount? 2-b. Which account increased by the largest percentage? Complete the two final columns shown beside each item in Tiger Audio's comparative financial statements. be indicated by a minus sign. Round percentage values to 1 decimal place.) TIGER AUDIO Horizontal Analysis Increase (Decrease) in Current (versus Previous) Amount Percentage Current Previous % % 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 $ 222,500 $ 185,200 128,150 111,300 94,350 73,900 39,800 33,830 4,100 3,360 50,450 36.710 15,135 11,013 $ 35,315 $ 25,697 % % % % % GA $ % 38.790 18,650 25,150 37,330 16.100 22,100 % % ww, % % % % Accounts Receivable, Net Inventory Property and Equipment, Net Total Assets Accounts Payable Income Tax Payable Note Payable (long-term) Total Liabilities Common Stock (par $1) Retained Earnings Total Liabilities and Stockholders' Equity 18,650 16,100 25,150 22,100 128,000 119,500 $ 210,590 $ 195,030 $ 27,200 $ 25,150 3,100 2,880 75,600 92,000 105,900 120,030 25,500 25,500 79,190 49,500 $ 210,590 $ 195,030 % % % % % % Req 2A > 8 Complete this question by entering your answers in the tabs below. 5 points Req 1 Req 2A Req 2B 8 01:24:50 Which account increased by the largest dollar amount? Account eBook Print References Complete this question by entering your answers in the tabs Req 1 Req 2A Req 2B Which account increased by the largest percentage? Account