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need all answers and numbers !! pleaseeee Horizontal Analysis of Income Statement For 2012, McDade Company reported a decline in net income. At the end

need all answers and numbers !! pleaseeee
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Horizontal Analysis of Income Statement For 2012, McDade Company reported a decline in net income. At the end of the year, T. Burrows, the president, is presented with the following condensed comparative income statement: McDade Company Comparative Income Statement For the Years Ended December 31, 20Y2 and 2041 Sales Cost of goods sold Gross prone Selling expenses Administrative expenses Total operating expenses Income from operations Other revenue Income before income tax Income tax expense Net Income 2012 $363,732 252,000 5111,732 535,780 20,980 556,760 554,972 1.686 2011 $32.000 200,000 $12.000 $27,000 17.000 50.000 579,000 1.400 580,400 24.100 $56,300 $56,658 15.900 540,758 Required: 1. Prepare a comparative income statement with horizontal analysis for the two- year period, using 20Y1 as the base year. Round percentages to one decimal place. Use the minus sign to indicate a decrease in the "Increase (Decrease)" columns. McDade Company Comparative Income Statement For the Years Ended December 31, 2012 and 2011 2012 2011 Difference Amount Difference - Percere Sales $363.732 $323,000 Cost of goods sold 252.000 200.000 Gross profit 5111,732 5123,000 Selling expenses $35,780 $27,000 Administrative expenses 20.980 37,000 Total operating expenses 356,760 544,000 Income from operations $54,972 $79.000 Other revenue 1,655 1.400 Tecome before income tax 556,658 580,400 Income tax expense 15.900 24,100 Net Income 540,758 $56,300 2. Net income has from 20Y1 to 20Y2. Sales have 2011 PUTZUZMcDade company reporceu a decent come. Al teenoor te year, T. Burrows, the president, is presented with the following condensed comparative income statement: McDade Company Comparative Income Statement For the Years Ended December 31, 2012 and 20Y1 2012 Sales 5363,732 3323.000 Cost of goods sold 252.000 200,000 Gross prome 5111,732 $123.000 Selling expenses $35,780 $27.000 Administrative expenses 20,980 17.000 Total operating expenses $56.760 $14.000 Income from operations 554,972 $79.000 Other revenue 1.686 Income before income tax $56,658 580,400 Income tax expende 15.900 24.100 Net income 540,758 556,300 Required: 1.400 1. Prepare a comparative income statement with horizontal analysis for the two- year period, using 20Y1 as the base year. Round percentages to one decimal place. Use the minus sign to indicate a decrease in the "Increase (Decrease)" columns. MeDade Company Comparative Income Statement For the Years Ended December 31, 2012 and 2041 2012 2013 Difference Amount Difference Percent $363.732 5323.000 Cost of goods sold 252.000 200.000 Gross pront 5111,732 5123.000 Selling expenses $35.750 127,000 Administrative expenses 20.900 17.000 Total Operating expenses $56.760 544.000 Income from operations $54,972 579,000 Other revenue Income before income tax $56.658 580,400 Income tax expense 15,900 24.100 Net income 546,758 556.300 2. Net income has from 20Y1 to 20Y2. Sales have however, the cost of goods sold has 2, causing the gross profit to

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