USTVNow AMAZON SELLER SUDDENLINK GOOGLE VOO CRACKLE Calculator Print tem Vertical Analysis of Income Statement For 2016, Fielder Industries Inc. initiated promotion advertising. At the end of the year, Leif Grando, the president, is presented with the following condensed comparative income a sales promotion campaign that included the expenditure of an additional $40,000 for Flelder Industries Inc Comparative Income Statement For the Years Ended December 31, 2016 and 2015 2016 2015 Sales Cost of goods sold Gross profit $1,300,000 682,500 $617,500 $260,000 169,000 $429,000 $188,500 78,000 256,500 117,000 149,500 $1,180,000 613,800 $566,400 $188,800 177,000 $365,800 $200,600 70,800 $271,400 106,200 $165,200