Identify any favorable and unfavorable trends in the following income statements by preparing a vertical analysis. Write a paragraph explaining what you find. (Round percentages to two decimal places.)

Becker Corporation
Income Statements
For the Years Ended December 31
Year 2	Year 1
Revenues	$394,000	$212,500
Operating expenses:
Wages expense	$ 79,000	$ 65,000
Rent expense	19,000	18,000
Utilities expense	21,000	14,200
Interest expense	7,500	7,800
Total operating expenses	$126,500	$105,000
Net income	$267,500	$107,500