E15-1 Financial information for Blevins Inc

E15-1 Financial information for Blevins Inc. is presented below.

December 31, 2009 December 31, 2008

Current assets $125,000 $100,000

Plant assets (net) 396,000 330,000

Current liabilities 91,000 70,000

Long-term liabilities 133,000 95,000

Common stock, $1 par 161,000 115,000

Retained earnings 136,000 150,000

Instructions

Prepare a schedule showing a horizontal analysis for 2009 using 2008 as the base year.