Tiger Audio declared and paid a cash dividend of $6,925 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information: Required: 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. (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) Amount Percentage Current Previous Income Statement Sales Revenue $ % % % % 229,000 $ 187,800 134,650 115,200 94,350 72,600 38,800 33,330 5,400 4,530 50,150 34,740 15,045 10,422 35,105 $ 24,318 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 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 25,580 $ 28,320 18,800 16,200 25,300 22,200 141,000 126,000 210,680 $ 192,720 26,200 $ 24,400 4,400 3,920 76,900 89,400 107,500 117,720 32,000 32,000 71,180 43,000 210,680 $ 192,720 % % % % % $ %