PLEASE SOLVE ASAP! THANK YOU

E13-1 (Algo) Preparing and Interpreting a Schedule for Horizontal and Vertical Analyses [LO 13-2, LO 13. 3, LO 13-5] The overage price of a gallon of gas in 2018 increased $0.30 (12.4 percent) from $2.42 in 2017 to $2.72 in 2018 . Required: 1. Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollors and in percentoges for the income statement of Combustion Petroleum for the year ended December 31,2018 (amounts in bilions) 2-a. Conduct a vertical onalysis by expressing each line as a percentage of total revenues. 2.b. Excluding income tax and other operating costs, did Combustion earn more gross profit per doltar of cevenue in 2018 compared to 2017 ? Complete this question by entering your answers in the tabs below. Conduct a horizontal analysis by calculating the year-over-year changes in each line itern, expressed in dollars and in percentages for the income statement of Combustion Petroleum for the year ended December 31,2018 (amounts in billions). (Decreases should be indicated by a minus sign. Eoter your answers in bilions (L.e., 10,000, 000,000 , shouid be entered as to), Round percentage values to 1 decimal place.) Conduct a horizontal analysis by calculating the year-over-year changes in each line item, expressed in dollars and in percentages for the income statement of Combustion Petroleum for the year ended December 31, 2018 (amounts in billions). (Decreases should be indicated by a minus sign. Enter your answers in billions (i.e, 10,000,000,000 should be entered as 10 ). Round percentage values to 1 decimal place.) Complete this question by entering your answers in the tabs below. Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round percentage values to 1 decimal place.)