Income statement data for Grendel Images Company for the years ended December 31, 2010 and 2009 are as follows:
![](https://www.solutioninn.com/images3/46-B-A-F-S%20(41).PNG)
(a) Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for 2010 when compared with 2009. Round to one decimal place.
(b) What conclusions can be drawn from the horizontal analysis?