D- Please solve all sub-part questions with all steps. Thanks Financial information for MMM Inc. is presented below.Increase or (Decrease) during2020December 31, 2020December 31, 2019AssetsCurrent assetsNon-Current AssetsAmount100,000 OMR a.330.000 c.Percentageb.d.h.125,000 OMR396,000Total assets19.LiabilitiesCurrent liabilitiesLong-term debt91,000 OMR70,000 OMR$21,00030.0%133,00095,000$38,00040.0%Total liabilities224.000165.000$59,00035.8%Stockholders' EquityCommon stock, $1 parRetained earningsTotal Stockholder's Equity161,000115,00046,00040.0%136,000150,000(14,000)-9.3%297.000265.00032,00012.1%Total Liabilities &Stockholder's Equity521.000 OMR430.000 OMR91,00021.2% Requirements:1.Prepare a schedule showing a horizontal analysis for 2020 using 2019 as the base year bycalculating the missing amounts of the schedule. Show all your calculation and workings.After you have completed the schedule consider the additional question. Assume that Non-Currentassets and long-term debt changed in 2020 to OMR 415,000 and OMR 152,000 respectively.2.Complete the following schedule to show what will be the impact of this change on thehorizontal analysis for 2020. Show all your calculation and workings.

Horizontal analysis is the technique which states the changes in the amounts of the items of the…

Assets urrent assets on-Current Assets Total assets Liabilities urrent liabilities ang-term debt Amount Percentage b. d. h. 125,000 OMR 100,000 OMR a. 330,000 c. 396,000 91,000 OMR 70,000 OMR $21,000 30.0% 133,000 95,000 $38,000 40.0% Total liabilities 224.000 165.000 $59,000 35.8% Stockholders' Equity