Complete the horizontal analysis and the vertical analysis for the income statement and balance sheet

Vertical Analysis Masonry Sales and Supplies Comparative Income Statement For the Years Ended December 31. 2017 and December 31, 2016 Masonry Sales and Supplies Income Statement For the Years Ended December 31, 2017 and December 31,2016 DoBarPercent E 2017 VE 2016Change Change Dec 2017Dec 2016 Dec. 2017 Dec 2016 Dollar Amt Dolar Amt Percentage Pescentage Sales Revenue: Sales Revenue Merchandise Sales 5185400.00 $ 169 S00.00 5,400.00 4 9000 Merchandle Sales Leas Sales R&A Less Sales R&A 5.400.00 45000 Net Sale Coat of Goods Sold Gress Profit Operating Expenses: S 10000.00 $365,000.00 110 ,000 100,000.00 Net Sales Cot of Goods Seld Gross Prof 180.00000 $ 165,000.00 0,000.00 100.000.00 Wages Experse Rent Epene Adver tising Experse Supplies Experse Depreciation Expese Uti licies Expense Telephone Expanse .300 0 26,40.00 9,000 0012 000.00 800.004200.00 Rent Experse Advartising Expense SupplesExpense Depreciation Expense Ubit iens Expense Telephane Expne ,000.0012.000.00 1.100 00 L510.00 1,100.00 870.00 870.00 6900 004560.00 2,100.00 860.00 2.100 00 860.00 Total Oper ating Expenses ncome rom Operations Other Expenw Total Operating Expenses $ 57 30000 S$3 40000 IncometromOperations $12.70400 11,600.00 Osher Expene 120000 1100.00 ,00002400.00 270000200 Interest Expense Net Income Interest Expense Net Income