Two required plz, thank you!

The average price of a gallon of gas in 2015 dropped $0.94 (28 percent) from $3.34 in 2014 to $2,40 in 2015) Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Insignia Corporation for the year ended December 31, 2015 (amounts in billions), 2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues. 2-b. Excluding income tax and other operating costs, did Insignia earn more profit per dollar of revenue in 2015 compared to 2014? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Conduct a horizontal analysis by calculating the year-over-year changes in each line item, es percentages for the income statement of Insignia Corporation for the year ended December (Decreases should be indicated by a minus sign. Enter your answers in billions (i.e., 10,000, 10). Round percentage values to 1 decimal place.) is INSIGNIA CORPORATION Income Statements (amounts in billions) For the Year Ended December 31 Change in 2015 2014 Dollars Percentage Revenues $ 123 $ 268 $ (107) (46.5) % Cost of Crude Oil and Products 62 154 (70) (53.0) % Other Operating costs 59 55 6 11.31% Income before Income Tax Expense 2 59 (43) (95.6) % Income Tax Expense 0 28 (31) (100.0% Net Income $ 2 $ 31 $ (12) (85.7)% Reg Req 2A > Reg 1 Req 2A Req 2B Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Rou place.) INSIGNIA CORPORATION Income Statements (amounts in billions) For the Year Ended December 31 2015 2014 A 123 268 62 154 Revenues Cost of Crude Oil and Products Other Operating Costs Income before Income Tax Expense Income Tax Expense Net Income 59 55 100.0 % $ 50.4% 48.0 % 1.61% 0.01% 1.6% $ 100.0 % 57.4% 23.01% 19.6% 13.5 % 6.1% 2 59 28 $ 2 31