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Cannes Corporation reported the following amounts on its 2020 comparative income statement (in thousands) 2020 2019 2018 Revenues $ 10,889 $ 10,095 $ 9,777 Total

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Cannes Corporation reported the following amounts on its 2020 comparative income statement (in thousands) 2020 2019 2018 Revenues $ 10,889 $ 10,095 $ 9,777 Total expenses 5,955 5,630 5,160 Perform a horizontal analysis of revenues and net income-both in dollar amounts and in percentages-for 2020 and 2019 (Round the percentage calculations to one decimal place. Use parentheses or a minus sign to indicate a decrease.) Cannes Corporation Horizontal Analysis Years Ended December 31, 2020 2019, and 2018 Increase (Decrease) 2020 2019 (amounts in thousands) 2020 2019 Amount % Amount 94 Revenues 10889 2018 9777 5160 10095 5955 5630 Expenses 4934 4465 4617 Net income

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