Do a quick and dirty horizontal analysis of the income statement and balance sheet,

Horizontal Analysis of the Income Statement Horizontal Analysis of the Balance Sheet Jim's Auto Jim's Auto Jam's Auto iis Auto Income Statement Income Statement Balhnce Sheet Balance Sheet As of April 30, 2017 As of April 30, 2016 As of April 30, 2016 As of Aprl 0, 2017 Revenues Revenues: 32,000 Service Revenue Service Revenue 36,000 101,800 Cash 145,000 Cash Total Reveme 32,000 Total Reveme 36,000 20,000 Acct Recenable Acct Recenable 4,000 PP In PP In 1,100 1,100 55,000 62,000 3,200 4,700 Accu 1,500 Rent 2,000 Rent 2,600 180,000 2,300 243,650 Total Assets Total Assets 350 Utility 900 Depreciation Labities and 410 200 Stockholders Labilties Labilties Accounts P 8,000 Accounts Payable 22,000 175 Insurance E 250 3,000 s 4,500 350 510 Total Labilties 110,00 Total Labiltes 265 Total 5,985 Total 8,560 26,015 27.440 Horizontal Analysis of the Income Statement Horizontal Analysis of the Balance Sheet Jim's Auto Jim's Auto Jam's Auto iis Auto Income Statement Income Statement Balhnce Sheet Balance Sheet As of April 30, 2017 As of April 30, 2016 As of April 30, 2016 As of Aprl 0, 2017 Revenues Revenues: 32,000 Service Revenue Service Revenue 36,000 101,800 Cash 145,000 Cash Total Reveme 32,000 Total Reveme 36,000 20,000 Acct Recenable Acct Recenable 4,000 PP In PP In 1,100 1,100 55,000 62,000 3,200 4,700 Accu 1,500 Rent 2,000 Rent 2,600 180,000 2,300 243,650 Total Assets Total Assets 350 Utility 900 Depreciation Labities and 410 200 Stockholders Labilties Labilties Accounts P 8,000 Accounts Payable 22,000 175 Insurance E 250 3,000 s 4,500 350 510 Total Labilties 110,00 Total Labiltes 265 Total 5,985 Total 8,560 26,015 27.440