Morizontel Analysht of thcome statement incorne statement: 1. Prepare a comparative income statement with horizontal analysis for the two-year period, using 20 y 1 as the base yeac Hoind percentages to one decinat place. Use the minus eign to indicate a decrease in the "Difference" celumins. 2. Net income had from zorz to zore. Sales hove however, cost of merchandise seid, seting, and asniniatrative augenase her. rate, causing.