Horizantal Analysis of Income statement For 20Y2, McDade Company reported a decline in net income. At the end of the yeac, T. Burrows, the president, is presented with the following condensed comparative income statement: the minus sign to indicate a decrease in the "D frerence" columns. the minus sign to indicate a decrease in the "Difference" columns. 2. Net income has from 20y a to 20yz. Sales have however, the cost of merchandise sold has causing