Exercise 9-1 Horizontal analysis LO 9-1 Solomon Corporation reported the following operating results for two consecutive years Required a. Compute the percentage changes in Solomon Corporation's income statement components between the two years. (Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place (ie...234 should be entered os 23,4).) SOLOMON CORPORATION Income Statements 2018 2017 Percentage Change Cost of goods sold Gross margin Operating expenses 1,299,000 798 885 500, 115 304,500 195 515 51,800 133,815 5 1,001,000 600 600 400,400 195,500 203.900 52.600 S 151.300 Income before taxes Income taxes Net income (los) 5