Question Help The comparative income statements of Running Music Co. follow: (Click the icon to view the comparative income statements.) Requirement Prepare a horizontal analysis of the comparative income statements of Running Music Co. Round percentage changes to the nearest one-tenth percent. (Use a minus sign or parentheses for decreases. Round percentage changes to the nearest one-tenth percent, X.X%.) Running Music Co. Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Amount Percentage $ 1,080,000 $ 919,000 % Total revenue Expenses: Cost of goods sold Selling and general expenses 400,450 % 479,000 289,000 260,000 % Interest expense % 24,500 106,500 14,500 86,850 Income tax expense % Total expenses 899,000 761,800 % $ 181,000 $ 157,200 Net income % Enter any number in the edit fields and then continue to the next question. ? Question Help The comparative income statem (Click the icon to view the c Data Table Irative income statements of Inges to the nearest one-tenth for decreases. Round hth percent, X.X%.) Running Music Co. Comparative Income Statements Horizontal Year Years Ended December 31, 2018 and 2017 2017 2018 1,080,000 $ $ Total revenue 919,000 Total revenue $ 479,000 $ 400,450 Expenses: Cost of goods sold Selling and general expel Expenses: Cost of goods sold Selling and general expenses Interest expense 289,000 260,000 24,500 106,500 14,500 86,850 Interest expense Income tax expense 899,000 Income tax expense Total expenses 761,800 181,000 $ 157,200 Total expenses Net income Net income Print Done Done Enter any number in the edit fi