Prepare a horizontal analysis for the income statement given below (5 Marks) ABC Company Income Statement Account Title 12/31/2017 12/31/2016 12/31/2015 12/31/2014 Sales Sales Cost 771,008 634,405 681,170 826,428 497,143 429,639 412,669 507,430 Total Income 273,865 204,766 268,501 318,998 Other Revenues 2,421 94,596 0 0 Total Revenues 276,286 299,362 268,501 318,998 Admin and Marketing Expenses 88,444 93,357 86,089 88,603 Depreciation 90,650 94,690 100,546 87,922 Other Expenses 27,647 30,148 25,058 28,814 Total Expenses 206,741 218,195 211,693 205,339 Net Income Before Zakat 69,545 81,167 56,808 113,659 Zakat 1,414 1,313 1,690 2,320 Net Income 68,131 79,854 55,118 111,339 Balance First Period 126,615 100,645 51,039 91,834 Reserves 6,813 7,985 5,512 11,134 Cash Dividends 37,500 25,000 0 41,000 Other Distributions 1,716 0 0 100,000 Balance End Period 148,717 147,514 100,645 51,039