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Here are the comparative income statements of Sheridan Corporation. (a) Prepare a horizontal analysis of the income statement data for Sheridan Corporation, using 2021 as

image text in transcribedimage text in transcribed Here are the comparative income statements of Sheridan Corporation. (a) Prepare a horizontal analysis of the income statement data for Sheridan Corporation, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. 55,000,20% or (55,000),(20%). Round percentages to 1 decimal place, e.g. 12.1%.) Prepare a vertical analysis of the income statement data for Sheridan Corporation for both years. (Round percentages to 1 decimal plac e.g. 12.1\%.)

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