Given below the statements of earnings of Karen Services Company for the three fiscal years 2004,2005 , and 2006: Required: 1. Using the statements of earnings, prepare a vertical common-size analysis for the years 2004,2005 , and 2006. 2. Using the statements of earnings, prepare a horizontal common-size analysis for the years 2004,2005 , and 2006. 3. Comment on significant trends that appear in requirements 1 and 2