Horizontal analysis Two income statements for Paragon Company follow: Paragon Company Income Statements For the Years Ended December 31 Fees earned Expenses 20Y7 2016 $1,230,000 $1,000,000 (928,000) (800,000) $200,000 Net income $302,000 Prepare a horizontal analysis of Paragon Company's income statements. If required, round your percentage to the nearest whole numbes Paragon Company Income Statements For the Years Ended December 31 2017 2016 Fees earned $1,230,000 $1,000,000 $ (928,000) (800,000) Expenses Net income $302,000 $200,000 $ Increase/(Decrease) Amount Percent % % %