Using the following selected items from the comparative balance sheet of Sandhill Company, illustrate horizontal (using 2020 as the base year) and vertical analysis. (Round vertical analysis to 1 decimal place, e.g. 15.2.) HORIZONTAL ANALYSIS December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Accounts Receivable $778,430 $693,870 do % Inventory 471,580 421,170 % do Total Assets 3,230,000 3,030,000 do % % do % do % VERTICAL ANALYSIS December 31, 2021 December 31, 2020 do % % do % % % do %