Horizontal Analysis of income Statement For 20Y2, Macklin tnc. reported a significant decrease in net income. At the end of the year, John Mayer, the president, is presented with the following condensed comparative income statement: 1. Prepare a comparative income statement with horizontal analysis for the two-year period, using 20%1 as the base year. Use the minus sign to incirace a decrease in 2 mone Cheok My Work uses renaining: 1. Prepare a comparative income statement with horitontal analysis for the two-year period, using 20y1 as the basie year, Use the minus sign to indicate a decrease in the "Increase/(becrease)" columns. If required, round percentages to one decimal nixo 2. Net incorne has from 2oy to 2ovz. Sales hure Thowever, the cont of goods said has 2 more chock My Work uses renteining