Rylander Corporation's condensed comparative income statements and comparative balance sheets for 2014 and 2013 follow.

REQUIRED:
1. Prepare schedules showing the amount and percentage changes from 2013 to 2014 for the comparative income statements and the balance sheets. (Round to one deci-mal place.)
2. Prepare common-size income statements and balance sheets for 2013 and 2014. (Round to one decimal place.)
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Rylander Corporation Comparative Income Statements For the Years Ended December 31, 2014 and 2013 2014 $6,553,600 4,177,600 $2,376,000 2013 Net sales Cost of goods sold Gross margin Operating expenses: 6,292,800 4,016,800 2,276,000 Selling expenses $ 953,600 894,400 $1,848,000 528,000 131,200 396,800 124,800 272,000 5 3.40 $1,036,000 846,400 1,882,400 393,600 78,400 315,200 113,600 $201,600 $2.52 Administrative expenses Total operating expenses Income from operations Interest expense Income before income taxes Income taxes expense Net income Earnings per share Rylander Corporation Comparative Balance Sheets December 31, 2014 and 2013 2014 2013 Assets Cash Accounts receivable (net) nventory Property, plant, and equipment (net) Total assets 162,400 471,200 1,149,600 1,500,000 $3,283,200 $81,600 458,400 1,189,600 1,440,000 3,169,600 Liabilities and Stockholders' Equity Accounts payable Notes payable (short-term) Bonds payable Common stock, $10 par value Retained earnings Total liabilities and stockholders'equity 535,200 400,000 800,000 800,000 748,000 $3,283,200 $ 954,400 800,000 800,000 615,200 $3,169,600