Check my work 3 Prepare a horizontal analysis of all items on the income statement for 2019 and 2018. {Round your percentage answers to 1 decimal place. l.e., 0.123 should be entered as 12.3.) 1 points Change Percent eBook CANNA, Inc. Comparative Income Statement Years Ended December 31, 2019 and 2018 2019 2018 Sales 1,635,750 1,500,950 Less: Sales returns and allowances 96,750 82,950 Net sales 1,539.000 1418,000 Cost of goods sold 1,066,300 992.600 Gross profit on sales 472.700 425,400 Selling expenses 215,000 205,000 General expenses 210.000 190.000 Total expenses 425,000 395.000 Net income before income taxes 47.700 30.400 Income tax expense 7.155 4.560 Net income after income taxes 40.545 25.840 les Hint Print % %4 % . References %