Horitontal analysis of income statement For 20v2?, Macklin the, reported s significont decrease in net incorne, At the end of the year, John Moyer, the president, is presented with the folliwing condensed comparative incame statement: 1. Prepare a comparetive incame staternent with honzontal analysis foc the two-year period, using 20y as the bose year. Use the minus sog ta indicate a decrease in the "increase/(Decrease)" columns. If required, round percentages to one decimal place. 1. Prepare a comparative income statement with horzontal analysis for the two-vear period, using 20d1 as the base year Use the minus sign to indicate a decrease in the "Increase/(Dectease)" columns. If required, round percentages to one decimal place. 2. Nec incomer has Mackdin Inc. reta than alles, causing the gross profic to Trem 20y1 to 20y2. 5 bles have ; Fewevece ithe cest of goodry inls has At in partar