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Complete the Following Horizontal Analysis Comparative Income Statements of Websters

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Complete the following horizontal analysis comparative income statements of Websters Corporation.
Websters CorporationComparative Income StatementsFor the Years Ended December 31, Years 1 and 2Net SalesExpenses:Cost of Goods SoldOperating ExpenseInterest ExpenseIncome Tax ExpenseTotal ExpensesNet Income Year 2$75,000$36,00017,0002,5001,900‾$57,400$17,600$ Year 1 $50,000$30,0009,0001,8001,400‾$42,2007,800Amt. of Change‾‾‾‾‾‾‾Percent of Change‾‾‾‾‾‾‾\begin{array}{c}\text {Websters Corporation}\\\text {Comparative Income Statements}\\\text {For the Years Ended December 31, Years 1 and 2}\\\\\begin{array}{lll}\\\\\text {Net Sales}\\\text {Expenses:}\\\text {Cost of Goods Sold}\\\text {Operating Expense}\\\text {Interest Expense}\\\text {Income Tax Expense}\\\text {Total Expenses}\\\text {Net Income}\end{array}\begin{array}{r}\\\text { Year } 2 \\\$ 75,000 \\\\\$ 36,000 \\17,000 \\2,500 \\\underline{1,900} \\\$ 57,400 \\\$ 17,600 \$\end{array}\begin{array}{r}\\\text { Year 1 } \\\$ 50,000 \\\\\$ 30,000 \\9,000 \\1,800 \\\underline{1,400 }\\\$ 42,200 \\7,800 \end{array}\begin{array}{c}\text {Amt. of}\\\text { Change}\\\underline{\quad\quad}\\\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\end{array}\begin{array}{c}\text {Percent of}\\\text { Change}\\\underline{\quad\quad}\\\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\underline{\quad\quad}\\\end{array}\end{array}

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