1. The condensed comparative income statements and balance sheets of Sanborn Corporation appear below. All figures are iven in thousands of dollars. Perform the following analyses. Round all ratios and percentages to one decimal place. 1. Prepare schedules showing the amount and percentage changes from 201 to 202 for Sanborn's comparative income statements and balance sheets. 2. Prepare common-size income statements and balance sheets for 20X1 and 20X2. 3. Comment on the results in 1 and 2 by identifying favorable and unfavorable changes in the components and composition of the statements