Exercise 13-3A Horizontal and vertical analysis LO 13-1 Income statements for Rooney Company for 2018 and 2019 follow: ROONEY COMPANY Income Statements 2019 Sales $200,200 Cost of goods sold 142,200 Selling expenses 20,800 Administrative expenses 12,400 Interest expense 3,900 Total expenses $179300 Income before taxes 20,900 Income taxes expense 6,200 Net income S 14,700 2018 $180, 200 120.200 18,800 14,400 5,900 $159,300 20,900 3,400 $ 17,500 Required a. Perform a horizontal analysis, showing the percentage change in each b. Perform a vertical analysis, showing each income statement component Complete this question by entering your answers in the tabs below. Required A Required B