3 of 3 1.77/3 Prepare a horizontal analysis of the income statement data for Cheyenne Corp, using 2019 as a base of amunt and page ar decrease show the numbers as negative, eg 55.000-20% or 55,000 (20%) Rund percentages to 1 decimal place, a 12.1 CHEYENNE CORP. Comparative Income Statement For the Years Ended December 31 Increase ur (Decrease) During 2020 2020 2019 Amount Percentage Net sales $588.000 $490.000 Cost of goods sold 474516 416010 14 Gross Prof 113484 73.990 HOME Operating expenses 80556 44.100 36436 424 Net income 532.928 $29890 $ 3008 3