Prepare a horizontal analysis of Fuller Companys income statements. For those boxes in which you must enter subtractive or negative numbers use a minus sign. If required, round your answers to one decimal place.

Fuller Company

Comparative Income Statement

For the Year Ended December 31

1		2016	2015	Increase (Decrease) Amount	Increase (Decrease) Percent
2	Fees earned	$680,000.00	$850,000.00
3	Operating expenses	541,875.00	637,500.00
4	Net income	$138,125.00	$212,500.00