monzontal Analysis Two income statements for Boyer Company are shown below. Boyer Company Income Statements For Years Ended December 31 2016 2015 Fees earned $278.400 $240,000 Operating expenses 175,360 160,000 Net Income $103,040 $80,000 Prepare a horizontal analysis of Boyer Company's income statements. Round percent answers to one decimal place. Boyer Company Income Statements For Years Ended December 31 Fees earned 2016 Accounting numeric field (Decrease) Percentage Increase/Decrease) $270,000 $240,000T 175,360 160,000 Operating expenses Net income $103,040 $80,000