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Q1) Two income statements for paragon company follow: Paragon Company Income statement For The Years Ended December 31 2018 2019 1,200,000$ 1,416,000$ Fees earned 900,000

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Q1) Two income statements for paragon company follow: Paragon Company Income statement For The Years Ended December 31 2018 2019 1,200,000$ 1,416,000$ Fees earned 900,000 1,044,000 Operating expenses 300,000$ 372,000$ Net income Prepare: Horizontal analysis Vertical analysis Trend percentage of Paragon Company's income statement. Q2) What is the purpose of balance sheet

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