1 3 points Him Pr References Exercise 13-1A (Algo) Horizontal analysis LO 13-1 Campbell Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in Campbell Corporation's income statement components between the two years. (Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., 0.234 should be entered as 23.4).) CAMPBELL CORPORATION Income Statements Year 3 Year 2 Percentage Change Sales $ 1,296.000 $ 1,005,000 % Cost of goods sold 797,040 603,000) Gross margin 498,960 402,000 Operating expenses 302.500 195.500 Income before taxes 196.460 206,500 Income taxes 61,400 52,400 Net income (loss) $ 135,000 $ 154,100 % Check my work