Comparative Income Statements Consider the following income statement data from the Mono Company: Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense 2019 2018 $600,000 $450,000 336,000 279,000 105,000 99,000 60,000 50,000 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 (ex: 0.2345 = 23.5%). Sales Revenue Cost of Goods Sold MONO COMPANY Comparative Income Statements OO $ 2019 $ 2018 Increase (Decrease) $ Percent Change % % % %

Comparative Income Statements Consider the following income statement data from the Mono Company: Prepare a comparative income statement, showing increases and decreases in dollars and in percentages. Note: Round "Percent Change" answers to one decimal place (ex: 0.2345=23.5%). Prepare a comparative income statement, showing increases and decreases in dollars and in percentages: Note: Round "Percent Change" answers to one decimal place (ex: 0.2345=23.5%)