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Using these data from the comparative balance sheets of Waterway Company, perform horizontal analysis. December 31, 2022 December 31, 2021 Accounts receivable (net) Inventory Total

Using these data from the comparative balance sheets of Waterway Company, perform horizontal analysis. December 31, 2022 December 31, 2021 Accounts receivable (net) Inventory Total assets $446,400 $372,000 771,250 617,000 3,326,420 2,819,000 (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) December 31, 2022 December 31, 2021 Amount Accounts receivable $446,400 $372,000 Inventory 771,250 617,000 Total assets 3,326,420 2,819,000 Increase or (Decrease) Percentage % % %

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