$\backslash$table$[[$Statement of Income$],[$For the Period Ending June $30],[,2018,2017,2016],[$Sales$,18,848,12,445,8,213],[$Cost of Goods Sold,$10,598,6,833,4,523],[$Gross Margin,$8,250,5,612,3,690],[$General and Admin Expenses,$967,3,366,1,889],[$Research and Development Costs,$149,1,335,895],[$Income from Opertions,$7,134,911,906],[$Interest Expense,$217,64,161],[$Loss on Sale of Receivables,,,$77],[$Income before Taxes,$6,917,847,668],[$Inuome Tax Expense,$2,268,556,284],[$Net Income,$4,649,291,384]]$

Assignment Tasks:

For the above financial statements:

Prepare a vertical and horizontal analysis of both the balance sheet and the income statement