The comparative income statements of Sensible Music Co. follow (Click the icon to view the comparative income statements.) Requirement Prepare a horizontal analysis of the comparative income statements of Sensible 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) Total revenue Sensible Music Co. Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2021 and 2020 Expenses: Cost of goods sold Selling and general expenses Interest expense Income tax expense Total expenses Net Income Increase (Decrease) 2021 2020 Amount Percentage $ 1,080,000 $ 919,000 479,000 400,450 280,000 263,000 24,500. 14,500 106,500 86,850 699,000 764,000 S 181,000 $ 154.200 Data table Sensible Music Co. Comparative Income Statements Years Ended December 31, 2021 and 2020 2021 2020 $ 1,080,000 $ 919,000 Total revenue Expenses: Cost of goods sold S 479,000 $ 400,450 Selling and general expenses 289,000 263,000 Interest expense 24,500 14,500 106,500 86.8501 Income tax expense 899,000 764,800 Total x Net income 181,000 $ 154.200 Print Done rer