Sheet Stmt Prepare a horizontal analysis of the income statement. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) Percentage Change SOLOMON COMPANY Horizontal Analysis of Income Statements 2019 2018 Revenues Sales (net) $ 231,300 $ 211,300 Other revenues 9,500 5,500 Total revenues 240,800 216,800 Expenses Cost of goods sold 120,000 101,900 Selling, general, and administrative expenses 53,800 49,000 Interest expense 6,700 5,900 Income tax expense 22,600 21,600 Total expenses 203,100 178,400 Net income (loss) $ 37,700 $ 38,400