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5. Precise Corp. reported the following on its comparative income statement: (in millions) Net Sales Revenue 2025 2024 $ 19,000 $ 17,000 6,000 3,500 Cost

5. Precise Corp. reported the following on its comparative income statement: (in millions) Net Sales Revenue 2025 2024 $ 19,000 $ 17,000 6,000 3,500 Cost of Goods Sold Prepare a horizontal analysis of net sales revenue, cost of goods sold, and gross profit-both in dollar amounts and in percentages. (Enter amounts in mill sign or parentheses to indicate a decrease.) Precise, Corp. Income Statement - (Partial) Years Ended December 31, 2025 and 2024 Increase (Decrease) (Amounts in millions) 2025 2024 Amount Percentage Net Sales Revenue Cost of Goods Sold Gross Profit $ 19,000 $ 17,000 % 6,000 3,500 % %

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