a. Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for the current year when compared with the previous year. If required, round to one decimal place. Feodhack Check My Work a. Show the difference in each line tom amount as either an increase or a decrease. Dvide each difference by the base year amount for that item to obtain the horizontal percentage. Learning Objective 2 Horizontal Analysis of the Income Statement Income statement data for Boone Company for two recent years ended December 31 , are as follows: a. Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for the current year when compared with the previous year. If required, round to one decimal place