The comparative income statements of O'Neil Music Co. follow: (Click the icon to view the comparative income statements.) Requirement Prepare a horizontal analysis of the comparative income statements of O'Neil Music Co. Round percentage changes lo the nearest one-tenth percent. (Use a minus sign or parentheses for decreases. Round percentage changes to the nearest one-tenth percent, X.X%.) i Data Table O'Neil Music Co. Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Amount Percentage $ 844,000 S 934,000 Total revenue Expenses: 2017 934,000 Cost of goods sold Selling and general expenses Interest expense 404,000 234.000 9,300 34,000 731,300 112,700 S 400.000 270.000 12.000 86,000 768,000 166.000 O'Neil Music Co. Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 S 844,000 $ Total revenue Expenses: Cost of goods sold S 404,000 $ Selling and general expenses 234.000 Interest expense 9,300 84,000 Income tax expense 731,300 Total expenses S 112,700 $ Net Income Income tax expense Total expenses $ 400,000 270,000 12,000 66.000 788,000 168,000 Net Income Print Done Enter any number in the edit fields and then continue to the next