A. Performing horizontal analysis-income statement Data for V-line Designs, Inc. are as follows: VARILINE DESIGNS, INC Comparative Income Statement Years Ended December 31, 2016 and 2015 Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses Net Income 2016 $ 431,000 2015 $ 373,750 200,000 190,000 98,000 92,000 9,150 3,250 307,150 285,250 $123,850 $ 88,500 Required: 1. Prepare a horizontal analysis of the comparative income statement of V-line Designs, Inc. percentage changes to one decimal place. 2. Why did 2016 net income increase by a higher percentage than net sales revenue