\begin{tabular}{lcc} & 20Y5 & 20Y4 \\ \hline Sales & $768,600 & 5630,000 \\ Cost of goods sold & (687,500) & (550,000) \\ \hline Gross prant & $81,100 & $60,000 \\ \hline Selling expenses & $(22,400) & $(20,000) \\ Aeministrative expenses & (20,400) & (17,000) \\ Total eperating expenses & $(42,300) & $(37,000) \\ \hline Incone before income tax & $38,300 & 343,000 \\ Income tax evpenset & (15,300) & (17,200) \\ \hline Net income & 323,000 & 325,000 \\ \hline \end{tabular} 3. Prepare a comparative income statement with horisontal anphsis, indicating the incesse (decrease) for 20r5 when compared weh zord. Round percentage answers to one decimal place. Cascade tmages, Inc: Comparative income statement For the Years Ended December 31, 20rs and 20Y