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a. Rosson Company Horizontal Analysis of Income Statements 2019 2018 %Change Revenues: Net Sales Other Revenues $299,000 $246,000 9,000 307,000 255,000 8,000 Total Revenues Expenses: Cost of Goods Sold S,G&A Expenses Interest Expense Income Tax Expense 72,000 138,000 44,00040,000 4,000 4,500 31,00025,400 251,000 207,900 56,00047,100 Total Expenses Income Before XIO Items Extraordinary Gain (net of tax) 9,000 Net Income 65,00047,100 a. Rosson Company Horizontal Analysis of Income Statements 2019 2018 %Change Revenues: Net Sales Other Revenues $299,000 $246,000 9,000 307,000 255,000 8,000 Total Revenues Expenses: Cost of Goods Sold S,G&A Expenses Interest Expense Income Tax Expense 72,000 138,000 44,00040,000 4,000 4,500 31,00025,400 251,000 207,900 56,00047,100 Total Expenses Income Before XIO Items Extraordinary Gain (net of tax) 9,000 Net Income 65,00047,100