Horizontal analysis Two income statements for Paragon Company follow Paragon Company Income Statements For the Years Ended December 31 2049 2018 Fees earned $1,394,000 $1,160,000 Expenses (1,054,000) (920,000) Net Income $340,000 $240,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet Prepare a horizontal analysis of Paragon Company's income statements. Round your answers for monetary values to the nearest dollar and for percentage values to one decimal place Paragon Company Income Statements For the Years Ended December 31 Increase/(Decrease) 2019 2018 Amount Percent Fees samed 51,394,000 $1,160,000 % Expenses (1,054,000) (920,000) Net Income 5340,000 $240,000