Prepare a horizontal analysis of both the balance sheet and income statement Complete this question by entering your answers in the tabs below. Analysis Bal Analysis Inc Sheet Stmt Prepare a horizontal analysis of the income statement. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) RUNDLE COMPANY Horizontal Analysis of Income Statements 2019 2018 Percentage Change Revenues Sales (net) $ 230,500 $ 211,600 Other revenues 9,000 5,000 Total revenues 239,500 216,600 Expenses Cost of goods sold 118,500 101.700 Selling, general, and administrative 54,300 48.400 expenses Interest expense 7,500 6,700 Income tax expense 22.100 21,100 Total expenses 202.400 177.900 Net income (loss) $ 37,100 $ 38,700 %.