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Here is financial information for Glitter Inc. December 31, 2020 December 31, 2019 Current assets $123,400...

Here is financial information for Glitter Inc. December 31, 2020 December 31, 2019 Current assets $123,400 $100,000 Plant assets (net) 394,350 330,000 Current liabilities 86,328 72,000 Long-term liabilities 133,280 85,000 Common stock, $1 par 166,440 120,000 Retained earnings 131,702 153,000 Prepare a schedule showing a horizontal analysis for 2020, using 2019 as the base year. (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.)

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Particulars 2019 2020 variance percentage change
Current assets $100000 $123400 $23400 23.4%
Plant assets $330000 $394350 $64350 19.5%
Total assets $430000 $517750 $87750 20.4%
Current liabilities $72000 $86328 $14328 19.9%
Long term liabilities $85000 $133280 $48280 56.8%
Common stock $120000 $166440 $46440 38.7%
Retained earnings $153000 $131702 ($21298) 13.9%
Total liabilities and equity $430000 $517750 $87750 20.4%
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