Calculator Journalize the transaction for the purchase of a truck on April 4 for $66,460, paying $5,800 cash and the remainder on account. Omit explanation if an amount box does not require an entry, leave it blank. Apr. 4 ssionLocator=enprogress=false Calculator Lewis Company has a condensed income statement as shown below. Year 2 Year 1 Sales $178,400 $162,500 Wages expense $92,500 30,000 Rent expense Utilities expense Total operating expenses $100,000 33,000 30,000 $163,000 $15,400 25,000 $147,500 $15,000 Net income Required: Prepare a horizontal analysis of Lewis Company's income statements. Comment on the trends, both favorable and unfavorable. If required, round your answers to one decimal place. For those boxes in which you must enter subtractive or negative numbers use a minus sign. Lewis Company Income Statement Increase/ (Decrease) Amount Percent Change Year 2 Year 1 Sales 96 $ 96 % Wages expense Rent expense Utilities expense 9% Total operating expenses Net Income it is than the increase in expenses Although the trend in sales revenue is Previous Next Al work saved. Save and Exit Subm Test for Grading