Vertical Analysis Two income statements for Versatile Company follow: Versatile Company Income Statements For the Years Ended December 31 2015 2014 Fees earned $831,000 $704,000 Operating expenses 681,420 591,360 Income from operations $149,580 $112,640 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 2015 Percent 2014 Amount 20Y4 Percent Fees earned $831,000 % $704,000 % Operating expenses 681,420 % 591,360 % % Income from operations $149,580 $112,640 % b. Does the vertical analysis indicate a favorable or an unfavorable trend