Daley Corporation makes cell phone covers and has the following comparative income statement for the years ended December 31, 2019 and 2018: (Cick the icon to view the comparative income statement.) Read the requirement. X Print 2018 Begin by completing a horizontal analysis of Daley Corporation's income statement. (Use a minus sign or parentheses to show an amount and/or percentage decrease. Round all percentages to the nearest tenth percent, XX. Complete all input boxes. If the base amount is $0, enter a "0" in the percentage column.) Daley Corporation Income Statement Comparative Income Statement Requirement Years Ended December 31, 2019 and 2018 Increase (Decrease) Daley Corporation Perform a horizontal analysis and a vertical analysis of Daley Corporation. State 2019 2018 Amount Percentage whether 2019 was a good year or a bad year, and give your reasons. Income Statement Revenues: Years Ended December 31, 2019 and 2018 Net Sales Revenue $ 200,000 $ 150,000 Done 2019 0 1,500 Other Revenues % Revenues: Total Revenues 200,000 151,500 % Net Sales Revenue $ 200,000 $ 150,000 Expenses 1,500 Other Revenues Cost of Goods Sold 142,400 101,550 % Total Revenues 200,000 151,500 Engineering, Selling, and Administrative Expenses 35,600 29,100 % Expenses Interest Expense 5,000 2,700 % Cost of Goods Sold 142,400 101.550 Income Tax Expense 5,600 1,050 % 35,600 800 Engineering, Selling, and Administrative Expenses 29,100 0 Other Expenses Interest Expense 5,000 2,700 Total Expenses 189,400 134,400 % Income Tax Expense 5,600 1,050 $ 10,600 $ 17,100 Net Income % 800 0 Other Expenses Total Expenses 189.400 134,400 $ 10,600 $ 17,100 Net Income 0 % Print Done