E13-16A Prepare a horizontal analysis of the comparative income statements of Garza Music Co. Round percentage changes to the nearest one-tenth percent (three decimal places).

Left column is 2014. Right column is 2013.

Total Revenue (2014) 971,000 ; (2013) 868,000

Expenses: Cost of Goods Sold 437,000 ; 408,750

Selling and general expenses 287,000 ; 265,000

Interest Expense 23,500 ; 13,500

Income Tax Expense 105,500 ; 84,650

Total Expenses 853,000 ; 771,900

Net Income 118,000 ; 96,100

E13-19A Prepare a comparative common-size income statement for Garza Music Co., using the 2014 and 2013 data of E13-16A and rounding to four decimal places.