Prepare a horizontal analysis of the income statement data for Emley Corporation using 2016 as a base. (Enter negative amounts and percentages using elther a negative sign preceding the number eg.-45,-45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) EMLEY CORPORATION Income Increase or (Decrease During 2017 $679,800 $617,000 Cost of goods sold 497,490 432,600 182,310 184,400 Operating expenses 128,750 123,600 $53,560 560,800 Net sales 45 Gross proft s VIDO APPLIRD SIL LENK TO TEXT