Problem $13-17$A $($Static$)$ Horlzontal analysis LO $13-1$

Prepare a horizontal analysis of both the balance sheet and Income statement for Year $4$ and Year $3.$

Complete this question by entering your answers in the tabs below.

Balance Sheet

Income

Statement

Prepare a horizontal analysis of the income statement for Year $4$ and Year $3.$

Note: Negative answers should be indicated by a minus sign. Round your answers to $1$ decimal place. $($i$.$e$.$ entered as $23\mathrm{.}4).$

$\backslash$table$[[$ALLENDALE COMPANY$],[$Horizontal Analysis of Income Statements$],[,$Year $4,$Year $3,$OS Change$],[$Revenues$],[$Sales $($net$),5,230,000,,210,000,96],[$Other revenues,,$8,000,,5,000,],[$Total revenues,,$238\mathrm{.}000,,215,000,],[$Expenses$],[$Cost of goods sold,,$120,000,,103,000,],[$Seling$.$ general, and administrative expenses,,$55,000,,50,000,],[$Interest expense,,$8,000,,7,200,],[$Income tax expense,,$23,000,,22,000,],[$Total expenses,,$200\mathrm{.}000,,182,200,H$