The comparative income statements of O'Neil Music Co. follow: (Click the icon to view the comparative income statements.) O'Neil Music Co. Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 2017 $ 844,000 $ 934,000 Total revenue Expenses: Cost of goods sold Selling and general expenses $ 404,000 $ 400,000 234,000 266,000 Interest expense 9,300 84,000 12,000 86,000 Income tax expense Total expenses 731,300 764,000 $ 112,700 $ 170,000 Net income Requirement Prepare a horizontal analysis of the comparative income statements of O'Neil 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%.) O'Neil Music Co. Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2018 and 2017 Increase (Decrease) Amount Percentage 2018 2017 $ Total revenue 844,000 $ 934,000 % Expenses: Cost of goods sold Selling and general expenses 404,000 400,000 % 234,000 266,000 % Interest expense % 9,300 84,000 12,000 86,000 Income tax expense % 731,300 Total expenses 764,000 % $ 112,700 $ 170,000 Net income %