Buslines Inc.s income statement (condensed) for two years is shown below:

31 December		20X4				20X5
Gross sales	$	550,000			$	606,000
Sales returns		(10,000	)			(6,000	)
		540,000				600,000
Cost of goods sold		(170,000	)			(280,000	)
Gross margin		370,000				320,000
Expenses
Selling expenses		180,600				170,700
Administrative expenses		125,600				106,000
Restructuring		10,800				8,000
Interest		5,400				6,000
Income tax expense		14,400				7,300
Total other expenses		336,800				298,000
Net income and comprehensive income	$	33,200			$	22,000

1a. Prepare vertical percentage analysis of the income statement. (Round final answers to nearest percent.)

2a. Prepare a horizontal percentage analysis of the income statement. Use a single-step format. (Round final answers to nearest percent.)