its due soon and thank you ill give u a thumbs up! i only need the answers btw

2444 E13-3 (Algo) Preparing and Interpreting o Schedule for Horizontal and Vertical Analyses [LO 13-2, LO 13- 3, LO 13-5) According to the producer price Index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3 8 percent between January and December 2018 Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Computer Tycoon incorporated for the year ended December 31, 2018 2.0. Conduct a vertical analysis by expressing each line as a percentage of total revenues 2-b. Excluding income tax, Interest, and operating expenses did Computer Tycoon earn more gross profit per dollar of sales in 2018 compared to 2017 ped Complete this question by entering your answers in the tabs below. Reg1 Red 2A Red 28 Conduct a horizontal analysis by calculating the year over year changes in each line item, expressed in dollars and in percentages for the income statement of Computer Tycoon Incorporated for the year anded December 31, 2018. (Decres tem, expressed in dollars and i percentages for the income statement of Computer Tycoon Incorporated for the year ended December 31, 2018. (De should be indicated by a minus sign. Round percentage values to 1 decimal place) COMPUTER TYCOON, INCORPORATED Income Statements For the Year Ended December 31 32 2018 2017 Sales Revenue Cost of Goods Sold Gross Profit Selling General, and Administrative Expenses Interest Expense Income before Income Tax Expense Income Tax Expense Net Income $ 109,000 $ 64,500 44,500 36.900 590 7,010 1,500 $ 5,510 5 133,500 75.100 58 400 38,800 520 19.080 5.900 13,180 Change in Dollars Percentage % % % % % % % % Req2A > Reg 1 Reg 2A Reg 28 Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round percentage values to I decima place.) $ % COMPUTER TYCOON, INCORPORATED Income Statements For the Year Ended December 31 2018 Sales Revenue $ 109,000 % Cost of Goods Sold 64 500 % Gross Profit 44,500 % Selling. General and Administrative Expenses 36.900 % Interest Expense 590 % Income before Income Tax Expense 7,010 % Income Tax Expense 1,500 % Net Income $ 5.510 % 2017 133,500 75.100 58 400 38,800 520 Rela % % % 96 % % 19.080 5,900 13.180 $ Req1 Req 28 Complete this question by entering your answers in the tabs below. 340B Req1 Red 2A Req 2B Excluding income tax, interest, and operating expenses, did Computer Tycoon earn more gross profit per dollar of sales in 2018 compared to 2017? O Yes ONO OK Req2A