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eBook Show Me How Video Print Item Net income _ $ 150,000 $ 110,000 a. Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for 2 compared with 20Y4. Round percentage answers to one decimal place. If an amount box does not require an blank or enter \"0\". Yellowstone Images, Inc. Comparative Income Statement For the Years Ended December 31, 2OY5 and 20Y4 20Y5 20Y4 Increase (Decrease) Increase (Decrease) Amount Amount Amount Percent Sales $1,000,000 $800,000 $C:] [I % Cost of goods sold (640,000) (500,000) C] E 0/0 ' Gross profit $360,000 $300,000 $S [2 0,0 Selling expenses $00,000) $(60,000) $S S % Administrative expenses (50.000) (50,000) D D % Total operating expenses $020,000) $010,000) 35D S % Income before income tax $240,000 $190,000 $D D % Income tax expense (90.000) (80,000) E E % Net income $150,000 $110,000 $D D % b. All of the following statements regarding Yellowstone Images, Inc. are true except