wo income statements for Satterfield Company are shown below. Satterfield Company Income Statements For the Years Ended December 31 2011 2010 Fees earned $724,750 $650,000 Operating expenses 449,400 420,000 Net income $275,350 $230,000 Prepare a horizontal analysis of Satterfield Company income statements. Round percent answers to one decimal place. If required, use the minus sign to indicate a decreas the amount and percentage columns Satterfield Company Income Statements For the Years Ended December 31 Amount Percent Increase/ Increased (Decrease) (Decrease) 2011 20YO Fees earned 5724,750 $650,000 S Operating expenses 485,400 420,000 Net income $275,350 $230,000 previee Next