K The comparative income statements of Monroe Music Co follow (Click the icon to view the...

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K The comparative income statements of Monroe Music Co follow (Click the icon to view the comparative income statements.) Requirement Prepare a horizontal analysis of the comparative income statements of Monroe Music Co. Round percentage changes to the nearest one-tenth percent (Use a minus sign or parentheses for decreases Round percentage changes to the nearest one-tenth percent, XX%. Do not enter the symbols in any of the input fields.) Total revenue Expenses: Etext pages Calculator Search 40 & 7 Y U * 4 Monroe Music Co. Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2021 and 2020 144 8 9 hp O 0 Increase (Decrease) 2021 2020 Amount Percentage $ 844.000 $ 934,000 (90000) (964) P Clear all Check answer Us Dedocace 7 102 D 12/3 ent Data table st Comparative Income Statements Years Ended December 31, 2021 and 2020 2021 2020 $ 844,000 $ 934,000 Total revenue Expenses: Cost of goods sold 404,000 $ 400,000 Selling and general expenses 234,000 270,000 Interest expense 9.300 12,000 84.000 86,000 Income tax expense 731.300 768,000 Total expenses 112,700 $ 166.000 Net income K The comparative income statements of Monroe Music Co follow (Click the icon to view the comparative income statements.) Requirement Prepare a horizontal analysis of the comparative income statements of Monroe Music Co. Round percentage changes to the nearest one-tenth percent (Use a minus sign or parentheses for decreases Round percentage changes to the nearest one-tenth percent, XX%. Do not enter the symbols in any of the input fields.) Total revenue Expenses: Etext pages Calculator Search 40 & 7 Y U * 4 Monroe Music Co. Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2021 and 2020 144 8 9 hp O 0 Increase (Decrease) 2021 2020 Amount Percentage $ 844.000 $ 934,000 (90000) (964) P Clear all Check answer Us Dedocace 7 102 D 12/3 ent Data table st Comparative Income Statements Years Ended December 31, 2021 and 2020 2021 2020 $ 844,000 $ 934,000 Total revenue Expenses: Cost of goods sold 404,000 $ 400,000 Selling and general expenses 234,000 270,000 Interest expense 9.300 12,000 84.000 86,000 Income tax expense 731.300 768,000 Total expenses 112,700 $ 166.000 Net income