Kalil, Inc. Comparative Income Statement Years Ended Dec. 31, 2017 and 2016 2017 $550,000 2016 $500,000 Net Sales Revenue Expenses Cost of Goods Sold Selling and Administrative Expenses Other Expenses (Interest Expense) Income Tax Expense Total Expenses Net Income 245,000 100,000 12000 58,000 $415,000 $135,000 220,000 96,000 9,000 47,000 $372000 $128,000 Prepare a horizontal analysis of the comparative income statement of Kalil, Inc. (Round to one decimal place.) Use a multi-step format for the income statement inte