Prepare a horizontal analysis of the comparative income statement of O'Nel Music Lid. Round percentage changes to the nearest one-torth percent Click the icon to view the comparative income statement.) Ure a minus sign or parentheses for decreases. Enter the percentage changes as a percent. rounded to one decimal place, Xes O'Neill Music Lid. Horizontal Analysis of Comparative Income Statement For the Years Ended December 31, 2017 and 2016 Increase (Deca) 2016 Amount Percentage S 401,000 S 432.000 Expenses Cost of goods sold 180.00 200 000 Selling and general expenses 90.000 $5.500 Interest expense 1500 10.500 Income tax expense 36.500 42.000 354 000 Total expenses 341.000 5 87.000 91.000 Net income