Requirements 1. Prepare a horizontal analysis of the comparative income statement of Muscateer Designs, Inc. Round percentage changes to one decimal place. 2. Why did 2018 net income increase by a higher percentage than net sales revenue? Print Print [Done] Done Muscateer Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 $ 429,000 $ 374,000 Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses 200,000 98,650 7,450 306,100 122,900 $ 187,000 94,750 6,850 288,600 85,400 $ Net Income Print Done