Please check my work if doing it right. I need to complete a Vertical and Horizontal Analysis but stuck not sure if doing it right?

PAYCHEX, INC.
CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
(In millions, except per share amounts)
	For the twelve months
	ended
	May 31,
	2023		2022		2021
Revenue:
Management Solutions	3,730.5		3,442.7		3,023.4
PEO and Insurance Solutions	1,176.8		1,111.3		974.1
Total service revenue	4,907.3		4,554.0		3,997.5
Interest on funds held for clients(1)	99.8		57.7		59.3
Total revenue	5,007.1		4,611.7		4,056.8
Expenses:
Cost of service revenue	1,453.0		1,356.3		1,271.2
Selling, general and admin. expenses	1,521.0		1,415.4		1,324.9
Total expenses	2,974.0		2,771.7		2,596.1
Operating income	2,033.1		1,840.0		1,460.7
Other income/(expense), net(1)	15.1		-15.4		-26.5
Income before income taxes	2,048.2		1,824.6		1,434.2
Income taxes	490.9		431.8		336.7
Net income	1,557.3		1,392.8		1,097.5
Formula: (Line Item / Base Item) * 100
Vertical Analysis % - Income Statement	2023		2022		2021
Management Solutions Revenue	76.02		75.60		75.63
PEO and Insurance Solutions Revenue	23.98		24.40		24.37
Cost of Service Revenue	29.61		29.78		31.80
SG&A Expenses	30.99		31.08		33.14
Total expenses	60.60		60.86		64.94
Operating Income	41.43		40.40		36.54
Income before income taxes	41.74		40.07		35.88
Income taxes	10.00		9.48		8.42
Net Income	31.73		30.58		27.45
Formula: Current Year AmountBase Year Amount / Base Year Amount *100
Horizontal Analysis - Income Statement	2023		2022		2021
Management Solutions Revenue					2.04
PEO and Insurance Solutions Revenue					-1.67
Total service revenue
Cost of Service Revenue
SG&A Expenses
Total expenses
Operating Income
Income before income taxes
Income taxes
Net Income