Complete a horizontal analysis of the income statement.

Read the requirement Years Ended December 31, 2019 and 2018 Increase (Decrease) Amount Percentage 2019 2018 Revenues Net Sales Revenue $ 400,000 $ 350,000 1,400 Other Revenues Total Revenues 400,000 351,400 Expenses: Cost of Goods Sold Engineering. Selling, and Administrative Expenses Interest Expense Income Tax Expense Other Expenses Total Expenses Net Income Was 2019 a good year or a bad year? Give your reasons 286,400 70.800 7.600 11.600 3.200 379.600 235,200 70,000 7.700 3,850 OR 316 750 34,650 20,400 $ Enter any number in the edit fields and then continue to the next