The core of Man Con Reum Prints of the cast one of a decharges the percentatge XX1 X Data table Megan Music Minna of Companive Incontri Yaar de Decanter 2018 he fecret 2017 Am Total van 1.000.000 Expenser Chelo de 70.000 040 Selling and grapese Interest Desse 100 10.500 BOCOR 02.00 Total 10 S 156.200 Hal incon Comparative homes Years de 13013 1017 2018 2017 100005 10.000 Ep Cost of good old 1 472.000 460,400 Selling and general 259.000 201.000 Interesten 2100 14.500 con 505 500 3000 102.00 100 Nutico 190200 Print Done The comparative income statements of Madigan Music Co. follow: (Click the icon to view the comparative income statements.) Madigan Music Co. Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Amount Percentage $ Total revenue 1,080,000 $ 919,000 % Expenses: Cost of goods sold 479,000 400,450 % Selling and general expenses 289,000 261,000 % Interest expense 24,500 14,500 % 106,500 86,850 Income tax expense % Total expenses 899,000 762,800 % $ 181,000 $ 156,200 Net income % 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, X.X%.) Data table Madigan Music Co. Comparative Income Statements Years Ended December 31, 2018 and 2017 2017 2018 $ 1,080,000 $ 919,000 479,000 $ 400,450 Total revenue Expenses: Cost of goods sold Selling and general expenses Interest expense Income tax expense 289,000 24,500 106,500 261,000 14,500 86,850 Total expenses 899,000 762,800 181,000 $ 156,200 Net income