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please help me fill in the charts for the below two questions Fill in the missing values in the income statement below. Then, complete a

please help me fill in the charts for the below two questions

  1. Fill in the missing values in the income statement below. Then, complete a vertical analysis and a horizontal analysis of the information.

ABC Brownie Stop

Comparative Income Statement

Years ended 9/30/2018 & 9/30/2019

2019

2019%

2018

2018%

Difference ($)

Difference (%)

Net Sales

$9,300

100%

$8,500

100%

Cost of Goods Sold

$4,500

$3,800

Gross Profit

Operating Expenses

$2,600

$2,400

Income before taxes

Taxes

$1,100

$1,100

Net Income

  1. The Bennington Rescue Squad purchases a new lift chair for $23,000. It is expected to last 10 years and have a salvage value of $1,500. Show a depreciation schedule for the first 3 years only using the straight line method.

End of Year

Book Value Beginning of Year

Depreciation

Accumulated Deprecation

Book Value End of Year

1

2

3

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