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Comparative Information Taken from the Friction Company's Financial Statements Is

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Comparative information taken from the Friction Company's financial statements is shown below:
a Notes receivableb Accounts receivablec Retained earningsd Salese Operating expensesf Income taxes payable Year 2  Year 1$10,000$0106,20090,00030,00040,00654,000600,000160,000200,00028,00020,000\begin{array}{l}\begin{array}{lll}\\a& \text { Notes receivable}\\b& \text { Accounts receivable}\\c& \text { Retained earnings}\\d& \text { Sales}\\e& \text { Operating expenses}\\f& \text { Income taxes payable}\\\end{array}\begin{array}{lll}\text { Year 2 }&\text { Year 1}\\\$ 10,000&\$0\\106,200 & 90,000 \\30,000 & 40,00 \\654,000 & 600,000 \\160,000 & 200,000 \\28,000 & 20,000\end{array}\end{array}
Using horizontal analysis,show the percentage change and direction increase or decrease from Year 1 to Year 2 with Year 1 as the base year.

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