Income Statement Review. Using the annual report of the company that you selected in week 1 please review the company's income statement over a three year period. Did sales increase during this time? Did Cost of Good Sold increase significantly? Has the company been profitable? Do you notice any positives based on your analysis of the income statement? Are there any negatives that potential investors should be aware of? Write a 150-200 summary of the results of your income statement analysis.