Using the comparative income statement given below, prepare a horizontal analysis of all items. Carry all calculations to two decimal places and then round to one decimal place. 
Definitions:
Par Common Stock
The nominal or face value assigned to a share of common stock, which has relevance in corporate accounting.
Par Value
A nominal value assigned to a stock or bond, representing its face value rather than its market value.
Stock Split
This action increases the number of shares of a corporation by issuing more shares to current shareholders, which typically results in a decrease in the per-share price, making the stock more accessible to a wider range of investors.
Stock Split
A corporate action where a company divides its existing shares into multiple shares, effectively reducing the price of individual shares without changing the overall market capitalization.
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