Income statements for Benson Company for Year 3 and Year 4 follow: BENSON COMPANY Income Statements Year 4 Year 3 Sales $200,800 $180,800 Cost of goods sold 142,900 120,900 Selling expenses 20,900 18,900 Administrative expenses 12,800 14,800 Interest expense 3,700 5,700 Total expenses $180,300 $160,300 Income before taxes Income taxes expense Net income 20,500 6,600 20,500 3,100 $ 13,900 $ 17,400 Required a. Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4. b. Perform a vertical analysis, showing each income statement component as a percentage of sales for each year. Complete this question by entering your answers in the tabs below. Required A Required B Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4. (Negative answers should be indicated by a minus sign. Round your percentage answers to 1 decimal place. (i.e., 0.234 should be entered as 23.4).)