Consider the following income statement data from the Ross Company:

Current Year Prior Year

Sales revenue $$687,500$ $$540,000$

Cost of goods sold $403,200332,010$

Selling expenses $126,000117,810$

Administrative expenses $72,00059,500$

Income tax expense $9,3606,426$

Prepare a comparative income statement, showing increases and decreases in dollars and in percentages.

$($Round percentages to one decimal.$)$

Ross Company

Comparative Income Statements

Increase Percent

Current Year Prior Year $($Decrease$)$ Change

Sales revenue Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Cost of goods sold Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Gross profit on sales Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Operating expenses

Selling expenses Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Administrative expenses Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Total Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Income before income taxes Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Income tax expense Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$

Net income Answer

$0$

Answer

$0$

Answer

$0$

Answer

$0$