1. Organize the elements of the income statement and determine the gross profit, operating profit and net profit. Cost of sales $287,379,000 Administration expenses $25,471,000 Income $353,207,000 Financial expenses $2,054,000

2. Perform Horizontal Analysis

Assets Notes 31-dic-21 31-dic-20| Current assets eash and eash equivalents eustomers and other aceounts receivable inventeries Total current assets Property Plant and Equipment Property Plant and Equipment Total Property Plant and Equipment 11 Deferred tax \begin{tabular}{|l|} \hline Total non-current assets \\ \hline \end{tabular} Total assets Liabilities and equity \begin{tabular}{rr} $1.006.228 & $2.882.024 \\ $370.801.263 & $99.920.040 \\ $50 & $283.297.480 \\ \hline$371.807.491 & $386.099.544 \\ \hline \end{tabular} Current Liabilities Accounts payable Taxes to pay Current Liabilities Non-current liabilities Other passives Non-current liabilities Total Liabilities Heritage Capital Accumulated Surpluses Net profit for the year Total assets 14 \begin{tabular}{|rr|} \hline$10.000.000 & \\ \hline$10.000.000 & $0 \\ \hline & \\ \hline 31-dic- 20 & 31-dic-19 \end{tabular}