Data for Mariner Designs, Inc. follow. Click the icon to view the data.) Read the requirements Requirement 1. Prepare a horizontal analysis of the comparative income statement of Mariner Designs, Inc. Mariner Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Amount Percentage Net Sales Revenue $ 431,500 $ 372,000 % Expenses Cost of Goods Sold 203.000 185,000 % Selling and Administrative Expenses 98,650 92.000 % Other Expenses 6,750 6,000 % Total Expenses 308 400 283,000 % Net Income S 123,100 $ 89,000 % Data table Mariner Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 431,500 $ 372,000 Expenses 203,000 Cost of Goods Sold Selling and Administrative Expenses 185.000 98,650 6.750 92,000 6.000 Other Expenses Total Expenses 308 400 283,000 Net Income $ 123.100 S 89,000 1. Prepare a horizontal analysis of the comparative income statement of Mariner Designs, Inc. Round percentage changes to one decimal place. 2. Why did 2018 net income increase by a higher percentage than net sales revenue