Aatzonta Analysis of lncome Statement For 20y2, Mackdin Ine. reported a significant decrease in net income. At the end of the year, John Mayer, the president; is presented with the following condensed comparative income statement: 1. Prepare a comparative income statement with horizontal analysis for the two-year period, waing 20yr as the bace year, use the minus aign to indicate a decrease in. the "Increase/(Docrease)" columns, If requicd, round percentages to one docimal place. Mackiln Inc. 1. Prepare a comparative income statement with horizontal analysis for the two-year period, using 20yi as the base year, Use the minus sign to indicate a decrease in the "Increase/(Decrease)" columns, If required, round percentages to one decimal place. 2. Net income has from 20y1 te 20r2. Sales have Theweves, the cost of goods sold has at a faster rate than sales, caving the gress prefit to 2 more Check My Work owest techaining Previous