Income statements for Rundle Company for 2018 and 2019 follow: RUNDLE COMPANY Income Statements 2819 2818 Sales Cost of goods sold Selling expenses Administrative expenses Interest expense Total expenses Income before taxes Income taxes expense Net income $281,88 $181,888 128,288 19,480 15,800 5,1e8 $179,7ee $159,788 22,188 3,488 $ 16,88 18,7e8 142,288 21,480 13,800 3,100 22,188 6,188 Required a. Perform a horizontal analysis, showing the percentage change In each Income statement component between 2018 and 2019 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 2018 and 2019 Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) RUNDLE COMPANY Horizontal Analysis of Income Statements Percentage Change over 2018 Sales Cost of goods sold Selling expenses Administrative expenses Interest expense Total expenses Income before taxes Income taxes expense Net income (loss)