\begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ ROONEY COMPANY } \\ \hline \multicolumn{5}{|c|}{ Horizontal Analysis of Income Statements } \\ \hline & Year 4 & Year 3 & \multicolumn{2}{|l|}{% Change } \\ \hline \multicolumn{5}{|l|}{ Revenues } \\ \hline Sales (net) & $231,000 & $210,500 & & % \\ \hline Other revenues & 9,400 & 5,400 & & \\ \hline Total revenues & 240,400 & 215,900 & & \\ \hline \multicolumn{5}{|l|}{ Expenses } \\ \hline Cost of goods sold & 119,300 & 101,200 & & \\ \hline Selling, general, and administrative expenses & 53,700 & 49,100 & & \\ \hline Interest expense & 6,900 & 6,100 & & \\ \hline Income tax expense & 21,200 & 20,200 & & \\ \hline Total expenses & 201,100 & 176,600 & & \\ \hline Net income (loss) & $39,300 & 39,300 & & % \\ \hline \end{tabular}