At December 31, 20X1, Freddie, Inc. had $150,000 current assets, $48,000 in long-term investments, $750,000 in fixed assets net of depreciation. In addition, the company had $160,000 in accounts payable and a long-term note payable in the amount of $100,000 with the balance due in 5 years. On December 31, 20X2, Lexor reported $200,000 in current assets, $66,000 in long-term investments, and $180,000 in accounts payable. The other accounts (lont-term debt and fixed assets) were the same as the prior year. Which account had the greatest percentage change from 20X1 to 20X2?
Box 1: Select the best answer
Long-term investments