Required A Required B Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 al 4. (Negative answers should be indicated by a minus sign. Round your percentage answers to 1 decimal place. (i.e., 0. should be entered as 23.4).) JORDAN COMPANY Horizontal Analysis of Income Statements Sales Cost of goods sold Selling expenses Administrative expenses Interest expense Total expenses Income before taxes Percentage Change over Year 3 11.1 % Income taxes expense 0.0 Net income (loss) %