Horizontal Analysis Two income statements for Satterfield Company are shown below. Satterfield Company Income Statements For the Years Ended December 31 20Y1 20YO Fees earned $301,440 $240,000 Operating expenses 192,960 160,000 Net income $108,480 $80,000 Prepare a horizontal analysis of Satterfield Company income statements. Round percent answers to one decimal place. If required, use the minus sign to indicate a decrease in the amount and percentage columns. Satterfield Company Income Statements For the Years Ended December 31 Amount Percent Increase/ Increase/ (Decrease) (Decrease) 2011 20YO Fees earned % $301,440 $240,000 192,960 160,000 $ Operating expenses Net income $108,480 $80,000