2019 20. Trend Analysis. The following condensed Income statement is for Car Max, Inc., a large retailer of used vehides. SALES AND OPERATING REVENUES: 2018 REVENUES 20,319,987 18,173,100 TOTAL COST OF SALES 17,597,647 15,692,509 GROSS PROFIT 2,722,340 2,480,591 CARMAX AUTO FINANCE INCOME 456,030 438,690 Selling, general and administrative expenses 1,940,067 1,730,275 Interest expense 83,007 75,792 Other (income) expense (5,690) 408 Earnings before income taxes 1,160,986 1,112,806 Income tax provision 272,553 270,393 $ $ NET EARNINGS 888.433 842,413 Tool Required: 1. Prepare a trend analysis of the income statements from 2018 to 2019. Use the format shown in the chapter as a guide. (Round computations to one decimal place.) What does the trend analysis prepared in requirement a tell you about the company? 21. Common-Size Analysis. Refer to the condensed income statement for CarMax, Inc., in Exercise 20. Required: 1. Prepare a common-size analysis of the income statements for 2019 and 2018. Use the format shown in the chapter as a guide. (Round computations to one decimal place.) 2. What does the common-size analysis in requirement a tell you about the company