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Income Statements 2019 2018 Sales Cost of goods sold Selling expenses Administrative expenses Interest expense Total expenses Income before taxes Income taxes expense Net income

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Income Statements 2019 2018 Sales Cost of goods sold Selling expenses Administrative expenses Interest expense Total expenses Income before taxes Income taxes expense Net income $200,700 $180,700 143,900 121,900 20,000 18,000 12,900 14,900 3,200200 $180,000 $160,000 20,700 20,700 6,300 s 14,400 17,400 Required a. Perform a horizontal analysis, showing the percentage change b. Perform a vertical analysis, showing each income statement co Answer is not Complete this question by entering your answers in the talb Required A Required B Perform a vertical analysis, showing each income statement compor may not add exactly due to rounding. Round your answers to 1 deci BENSON COMPANY Vertical Analysis of Income Statements Percentage of Sales 2019 Percentage of Sales 2018 Sales Cost of goods sold Selling expenses Administrative expensesS Interest expense Total expenses Income before taxes Income taxes expense Net income

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