Required:

Prepare a comparative income statement with horizontal analysis for the two$-$year period, using $20Y1$ as the base year. Round percentages to one de the minus sign to indicate a decrease in the "Increase $($Decrease$)"$ columns.

McDade Company

Comparative Income Statement

For the Years Ended December $31,20$ Y $2$ and $20$ Y $1).$

$\backslash$table$[[,20$ Y $2,20Y1,$Differenc,e $-$ Amount,Difference $-$ Percent$],[$Sales$,$$$783,734,$$$703,000,$$$,x,$X$\%],[$Cost of goods sold,$545,600,440,000,,,\%$