Slide 14-11 CLOVER CORPORATION Complete the Comparative Balance sheets analysis for the December 31 other assets Doar‖ Percent 2001 2000 Change Change* Assets Current assets: Cash and equivalents $1200:52350015(115001489% Accounts receivable net 60.000 40000 Inventory 80,000100,000 Prepaid expenses 2000 900 Total current assets ($11500?$23500)?100%=4894% Property and equipment: Land 40000 40000 Buildings and equipment, net 120000 85000 Total property and equipment$ 160,000$125,000 Total assets $315,000‖$289,700 Percent rounded to one decimal point?The McGraw-Hill Companies, Inc., 1999 Slide 14-11 Irwin/McGraw-Hill CLOVER CORPORATION Comparative Balance Sheets December 31, 2001 2000 Dollar Change Percent Change* Assets Current assets: Cash and equivalents $ 12,000 $ 23,500 $ (11,500) -48.9% Accounts receivable, net 60,000 40,000 Inventory 80,000 100,000 Prepaid expenses 3,000 1,200 Total current assets $ 155,000 $ 164,700 Property and equipment: Land 40,000 40,000 Buildings and equipment, net 120,000 85,000 Total property and equipment $ 160,000 $ 125,000 Total assets $ 315,000 $ 289,700 * Percent rounded to one decimal point. ($11,500 ?$23,500) ?100% = 48.94% Complete the analysis for the other assets