Problem 3 Identify any favorable and unfavorable trends in the following income statements by preparing a vertical analysis. Write a paragraph explaining what you find. (Round percentages to two decimal places.) Becker Corporation Income Statements For the Years Ended December 31 Year 1 212,500 Year 2 394,000 Revenues Operating expenses Wages expense Rent expense Utilities expense Interest expense Total operating expenses Net income $ 79,000 9,000 21,000 7,500 $126,500 65,000 18,000 14,200 7,800 $105,000 $267,500 107,500