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Income statements for Adams Company for 2018 and 20191 ADAMS COMPANY Income Statements 2019 Sales $200,200 Cost of goods sold 143,100 Selling expenses 21,300 Administrative

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Income statements for Adams Company for 2018 and 20191 ADAMS COMPANY Income Statements 2019 Sales $200,200 Cost of goods sold 143,100 Selling expenses 21,300 Administrative expenses 12,700 Interest expense 3,400 Total expenses $180,500 Income before taxes 19,700 Income taxes expense 6,400 Net income $ 13,300 2018 $180, 200 121,100 19,300 14,700 5,400 $160,500 19,700 3,800 $ 15,900 Required a. Perform a horizontal analysis, showing the percentage ch b. Perform a vertical analysis, showing each income statem Complete this question by entering your answers in ti Required A Required B Perform a horizontal analysis, showing the percentage chang (Negative answers should be indicated by a minus sign. Rou

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