Consider the given balance sheet, perform percentage change analysis for the following items.                                                                                                                      Retained earning  Balance sheet   Dec-11   Dec-10 Asset       Cash  $ 4500   $ 4000 Marketable securities 2500   2000 Accounts receivable 6800   7200 Inventories 7500   8000 total current asset 21300   21200 Land 11000   12000 Equipment 24000   20500 Accumulated depreciation equipment -3800   -3000 Building 70000   70000 Accumulated depreciation building -14000   -12000 total asset 108500   108700 Liabilities and stock holder equity       accounts payable 7800   7000 wages payable 1050   1000 taxes payable 500   1500 total current liabilities 9350   9500 bonds payable 30000   30000 common stock $10 par 32000   30000 additional paid in capital 21000   19200 retained earning 16150   20000 total Liabilities and stock holder equity 108500   108700

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