ncome statements for Finch Company for Year 3 and Year 4 follow: FINCH COMPANY Income Statements Year 4 Year 3 Sales $ 200,400 $ 180,400 Cost of goods sold 142,800 120,800 Selling expenses 20,700 18,700 Administrative expenses 12,300 14,300 Interest expense 4,000 6,000 Total expenses $ 179,800 $ 159,800 Income before taxes 20,600 20,600 Income taxes expense 5,400 3,100 Net income $ 15,200 $ 17,500 Required a. Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4.