Two income statements Tor Versatile Company Follow: Versatile Company Income Statements For the Years Ended December 31 2015 2014 Fees earned $568,000 403,280 $481,000 370,370 Operating expenses Income from operations $164,720 $110,630 a. Prepare a vertical analysis of Versatile Company's income statements. Enter percents as whole numbers. Versatile Company Income Statements For the Years Ended December 31 20Y5 Amount 2045 Percent 2014 Amount 2014 Percent Fees earned $568,000 $481,000 % Operating expenses 403,280 % 370,370 % Income from operations $164,720 % $110,630 96 b. Does the vertical analysis indicate a favorable or an unfavorable trend? Previous All work saved. Email Instructor Subn 000 63 DOD F4 . F6 F7 FB F9 F10 $ %