Two income statements for Paragon Company are shown below. Paragon Company Income Statements For the Years Ended December 31 Fees earned Operating expenses Net Income 2019 2018 $646,050 $590,000 393,680 380,000 $252,370 $210,000 < Prepare a horizontal analysis of Paragon Company's income statements. Round percent answers to one decimal place. Paragon Company Income Statements For the Years Ended December 31 Amount Increase/ Increase/ (Decrease) (Decrease) Percent 2019 2018 % Fees earned $646,050 $590,000 Operating expenses 393,680 380,000 Net income $252,370 $210,000