Consider the following: Roma Tile Corporation Comparative Income Statement For the Years Ended December 31, 20-B and 20-A 20-B 20-A Net Sales (all on account) $660,000 $720,000 Cost of goods sold 354,000 390,000 Gross profit $306,000 $330,000 Operating expenses 230,000 243,000 Operating income $76,000 $87,000 Other revenues and expenses (7,300) (7,750) Income before income tax $ 68,700 $ 79,250 Income tax expense 16,940 18,170 Net income $51,760 $61,080 Required: Prepare a horizontal comparative income statement. Round percentages to two decimal places. Do not enter the p Roma Tile Corporation Comparative Income Statement For the Years Ended December 31, 20-B and 20-A 20-B Amount 20-A Amount Increase (Decrease) Amount Increase (Decrease) Net sales $660,000 $720,000 Cost of goods sold 354,000 390,000 Gross profit $306,000 $330,000 Prepare a horizontal comparative income statement. Round percentages to two decimal places. Do not enter the percent sign. For Roma Tile Corporation Comparative Income Statement For the Years Ended December 31, 20-B and 20-A 20-B Amount 20-A Amount Increase (Decrease) Amount Increase (Decrease) Percent Net sales $660,000 $720,000 Cost of goods sold 354,000 390,000 Gross profit $306,000 $330,000 Operating expenses 230,000 243,000 Operating income $76,000 $87,000 Other revenues and expenses (7,300) (7,750) Income before income tax $68,700 $79,250 Income tax expense 16,940 18,170 Net income $51,760 $61,080 10