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Income Statement (Horizontal) report with a run date of 12/31/-. Provide a narrative analysis of this report in a manner similar to that done in the chapter. Use your own words based on the information provided in this report Casey Corporation Income Stmt.

Income Stmt. Horizontal Analysis Casey Corporation Income Stmt. Horizontal Analysis For Years Ended 12/31/21 and 12/31/22 CurrentPeriodChangePercentPrevious Operating Revenue Cost Cost of Merchandise Sold Total Cost Gross Profit \begin{tabular}{rrrr} \hline 592,660.00 & 593,255.00 & .595.00 & 0.10 \\ \hline 592,660.00 & 593,255.00 & 595.00 & 0.10 \\ \hline 260,731.49 & 233,640.00 & 27,091.49 & 11.60 \end{tabular} Operating Expenses Incme Stmt. Horizontal Analysis Casey Corporation Income Stmt. Horizontal Analysis For Years Ended 12/31/21 and 12/31/22 Other Revenue InterestIncomeGainonSaleOfficeEqpt.GainonSaleStoreEqpt.815.5065.001,833.00130.001.017.50130.0065.0055.51100.00100.00 Other Expense Interest Expense Net Income before Income Tax \begin{tabular}{rrrr|} \hline 10,779.80 & 6,211.14 & 4,568.66 & 73.56 \\ \hline 97,711.11 & 94,337.34 & 3,373.77 & 3.58 \end{tabular} Income Tex Corporate Income Tax Net Income after Income Tax. \begin{tabular}{|rrrr} 26,800.00 & 24,872.00 & 1.928.00 & 7.75 \\ \hline 70.911.11 & 69.465.34 & 1.445.77 & 2.08 \end{tabular} Print Help Close 1 Copy Income Stmt. Horizontal Analysis Casey Corporation Income Stmt. Horizontal Analysis For Years Ended 12/31/21 and 12/31/22 CurrentPeriodChangePercentPrevious Operating Revenue Cost Cost of Merchandise Sold Total Cost Gross Profit \begin{tabular}{rrrr} \hline 592,660.00 & 593,255.00 & .595.00 & 0.10 \\ \hline 592,660.00 & 593,255.00 & 595.00 & 0.10 \\ \hline 260,731.49 & 233,640.00 & 27,091.49 & 11.60 \end{tabular} Operating Expenses Incme Stmt. Horizontal Analysis Casey Corporation Income Stmt. Horizontal Analysis For Years Ended 12/31/21 and 12/31/22 Other Revenue InterestIncomeGainonSaleOfficeEqpt.GainonSaleStoreEqpt.815.5065.001,833.00130.001.017.50130.0065.0055.51100.00100.00 Other Expense Interest Expense Net Income before Income Tax \begin{tabular}{rrrr|} \hline 10,779.80 & 6,211.14 & 4,568.66 & 73.56 \\ \hline 97,711.11 & 94,337.34 & 3,373.77 & 3.58 \end{tabular} Income Tex Corporate Income Tax Net Income after Income Tax. \begin{tabular}{|rrrr} 26,800.00 & 24,872.00 & 1.928.00 & 7.75 \\ \hline 70.911.11 & 69.465.34 & 1.445.77 & 2.08 \end{tabular} Print Help Close 1 Copy