Cash and Accounts Receivable for Ashfall Co Based on This Information, What Is the Amount and Percentage

Essay

Cash and accounts receivable for Ashfall Co. are provided below.​ $\begin{array}{lll}&\text { Current Year }&\text { Prior Year }\\\text { Cash } & \$ 62,400 & \$ 58,000 \\\text { Accounts receivable (net) } & 42,000 & 50,000\end{array}$ Based on this information, what is the amount and percentage of increase or decrease that would be shown on a balance sheet with horizontal analysis? Round percentages to one decimal place.