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Using these data from the comparative balance sheets of Ivanhoe Company, perform a horizontal analysis. December 31, 2022 December 31, 2021 $514,800 $390,000 Accounts receivable

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Using these data from the comparative balance sheets of Ivanhoe Company, perform a horizontal analysis. December 31, 2022 December 31, 2021 $514,800 $390,000 Accounts receivable (net). Inventory Total assets 861,800 620,000 2,677,320 2,412,000 (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es. (457) Increase or (Decrease) Amount Percentage December 31, 2022 December 31, 2021 Accounts receivable (net) $514,800 $390,000 Inventory 861,800 620,000 Total assets 2.677,320 2.412.000

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