Condensed data taken from the ledger of Collins Company at December 31, 2006, and 2007, are as follows:
2007 2006
Current assets $ 200,000 $ 180,000
Property, plant and equipment 450,000 400,000
Intangible assets 20,700 30,000
Current liabilities 70,000 80,000
Long-term liabilities 200,000 250,000
Common Stock 275,000 200,000
Retained Earnings 125,700 80,000
Prepare a comparative balance sheet, with horizontal analysis, for December 31. 2006 and 2007. (Round percents to one decimal point.)