Use the information below to answer the question that follows.
All nine transactions for Ralston Sports Co. for September, the first month of operations, are recorded in the following T accounts:
-Lewis Company has a condensed income statement as shown: 
REQUIRED:
Prepare a horizontal analysis of Lewis Company's income statements. Comment on the trends, both favorable and unfavorable.
Definitions:
Master Application
A comprehensive or principal application often used to manage or merge information across various platforms or systems.
Employers' Application Forms
Documents used by employers to gather detailed information from job applicants, including their qualifications, experience, and references.
Merit Raise
An increase in salary based on an employee's performance as assessed through a review process by their employer.
Recognition
The act of identifying someone or something from previous encounters or knowledge, often accompanied by appreciation or acknowledgment.
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