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Question - Here is financial information for Glitter, Inc.
December 31, 2022
December 31, 2021
Current assets
$106,000
$90,000
Plant assets (net)
400,000
350,000
Current liabilities
99,000
65,000
Long-term liabilities
122,000
90,000
Common stock, $1 par
130,000
115,000
Reained earnings
155,000
170,000
Required - Prepare a schedule showing a horizontal analysis for 2022, using 2021 as the base year.
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