Comparative Income Statements: 2020 and 2021
							Horizontal Analysis
			2021	Vertical Analysis: 2021		2020	Dollar Change	Percentage Change
Sales (net)			$ 7,964,200			$ 7,383,000
Cost of Sales			$ 5,319,600			$ 5,061,900
Gross profit			$ 2,644,600			$ 2,321,100
Operating Expenses
	Selling, general, admin expenses		$ 1,603,300			$ 1,523,700
	Credit card expenses		$ 49,600			$ 48,200
	Depreciation expense		$ 243,100			$ 218,800
	Total operating expenses		$ 1,896,000			$ 1,790,700
Operating income (EBIT)			$ 748,600			$ 530,400
Interest expense			$ 59,800			$ 69,500
Income before Income Taxes (EBT)			$ 688,800			$ 460,900
Income tax expense			$ 192,100			$ 133,260
Net income			$ 496,700			$ 327,640