The comparative income statements of Madigan Music Co. follow: (Click the icon to view the comparative income statements.) Total revenue Expenses: Madigan Music Co. Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2021 and 2020 Cost of goods sold Selling and general expenses Interest expense Income tax expense Total expenses Net income Data table Requirement Prepare a horizontal analysis of the comparative income statements of Madigan Music Co. Round percentage changes to the nearest one-tenth percent. (Use a minus sign or parentheses for decreases. Round percentage changes to the nearest one-tenth percent, XX%. Do not enter the % symbols in any of the input fields.) 2021 2020 Increase (Decrease) Amount Percentage Madigan Music Co. Comparative Income Statements Years Ended December 31, 2021 and 2020 $ 1,080,000 $ 919,000 % 2021 2020 $ 1,080,000 $ 919,000 Total revenue 479,000 289,000 263,000 400,450 % Expenses: % Cost of goods sold $ 24,500 14,500 % 106,500 Selling and general expenses 479,000 $ 289,000 400,450 263,000 86,850 % Interest expense 24,500 14,500 899,000 764,800 % 106,500 86,850 Income tax expense 181,000 $ 154,200 % 899,000 764,800 Total expenses $ 181,000 $ 154,200 Net income