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Comparative Income Statements Consider the following income statement data from the Mono Company: 2019 2018 Sales revenue $600,000 $450,000 Cost of goods sold 336,000 279,000

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Comparative Income Statements Consider the following income statement data from the Mono Company: 2019 2018 Sales revenue $600,000 $450,000 Cost of goods sold 336,000 279,000 Selling expenses 105.000 99.000 Administrative expenses 60.000 50,000 Income tax expense 4,000 3,000 Prepare a comparative income statement, showing increases and decreases in dollars and in percentages. Note: Round "Percent Change" answers to one decimal place (exc 0.2345 = 23.5%). MONO COMPANY Comparative Income Statements Increase Percent 2019 2018 (Decrease) Change Sales Revenue Cost of Goods Sold Selling Expenses Administrative Expenses Total Income before Income Taxe ooooooooo Oooool ooooo

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