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1. Prepare a comparative income statement with horizontal analysis for the two-year period, using 20Y2 as the base year. Enter decreases as negative amounts and negative percentages. Round percentage changes to one decimal place. 2. Based on the horizontal analysis prepared in 1 which of the following statements is correct? a. Net income declined from 20Y2 to 20Y3. b. Sales increased, but the cost of goods also increased causing gross profit to decline. c. Other revenues decreased slightly and income tax expense jncreased. d. Overall net income increased. GREYHOUND TECHNOLOGY COMPANY Comparative Income Statement 1. Prepare a comparative income statement with horizontal analysis for the two-year period, using 20 y 2 as the base year. Enter decreases as