The comparative income statements of Norman Music Co. follow:

Prepare a horizontal analysis of the comparative income statements of Norman 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, X.X%.)

The comparative income statements of Norman Music Co. follow: (Click the icon to view the comparative income statements.) Requirement Prepare a horizontal analysis of the comparative income statements of Norman 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, X.X%.) Norman Music Co. Data Table Norman Music Co. Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Amount Percentage $ 1,080,000 $ 919,000 Comparative Income Statements Years Ended December 31, 2018 and 2017 Total revenue % 2018 2017 Total revenue $ 1,080,000 $ 919,000 400,450 % Expenses: Cost of goods sold Selling and general expenses Interest expense 479,000 289,000 260,000 % $ 400,450 % 24,500 106,500 14,500 86.850 Expenses: Cost of goods sold Selling and general expenses Interest expense 479,000 289,000 260,000 Income tax expense % 24,500 Total expenses 899,000 14,500 86,850 761,800 % Income tax expense 106.500 $ 181,000 $ 157,200 Net income % Total expenses 899,000 761,800 $ 181,000 $ 157,200 Net income Enter any number in the edit fields and then click Check