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Data Table statem und the perc Mulberry Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 431,000 $ 372,350 2.350 Expenses: Cost of Goods Sold 203,850 186,000 6,000 33,250 4,650 Selling and Administrative Expenses Other Expenses 99,000 9.000 93.250 4,650 283,900 Total Expenses 311,850 283,900 88,450 119,150 $ 88,450 Net Income centage than Print Done revenue during next question Data for Mulberry Designs, Inc. follow Click the icon to view the data) Read the cements Requirement 1. Prepare a horizontal analysis of the comparative income statement of Mulberry Designs, Inc. Round percentage changes to one decimal place (Round the percentages to one decimal place parentheses to indicate a decrease.) Mulberry Design In Comparative Income Statement Years Ended December 31, 2016 and 2017 Increase (Decrease) 2018 2017 Amount Percentage Net Sales Revenue $ 431.000 $ 372,350 Expenses Cont of Goods Sold 203,050 180.000 Selling and Administrative Expenses 99.000 93 250 3.000 40 Other Expenses Total Expenses 311.050 23.900 $ 119,1501 1840 Net Income Requirement 2. Why did 2018 net income increase by a higher percentage han net sales revenue? Net income increased by a higher percentage than total net sales revenue during 2018 beke