2014 QUESTION 4 4 (30 MARKS) Selected information from the financial statements of Cake Co. Appears below 2015 Net Sales $1,692,000 Total Expenses $1470.000 Net Income $222.000 $1,600,000 $1.520,000 $80.000 4.1. Compute the percentage change in each of the above items from 2014 to 2015. Use a + or - to indicato increase or decrease. (Show all calculation) Percentage change from 2014 to 2015 Net Sales % Total Expenses Not Income 4.2. Compute net income as a percentage of net sales in each year. (Round to the nearest one-tenth of 15) (Show all ow all calculation net income as a percentage of net sales for 2014 net income as a percentage of net sales for 2015