The comparative income statements of Fashion Music Co. follow: (Click the icon to view the comparative income statements.) Fashion Music Co. Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Amount Percentage $ 836,000 $ 938,000 % Total revenue % Expenses: Cost of goods sold Selling and general expenses Interest expense % 408,000 238,000 9,500 79,000 409,350 261,000 14,000 85,750 % Income tax expense % Total expenses 734,500 770,100 % 101,500 $ 167,900 Net income centa - X Data Table Fashion Music Co. Comparative Income Statements Years Ended December 31, 2018 and 2017 2017 2018 836,000 $ $ 938,000 Total revenue Expenses: Cost of goods sold Selling and general expenses Interest expense 408,000 $ 238,000 9,500 79,000 409,350 261,000 14,000 85,750 Income tax expense 734,500 770,100 Total expenses $ 101,500 $ 167,900 Net income Print Done