Data for Mulberry Designs, Inc. follow: View the data. Requirements Prepare a horizontal analysis of the comparative income statement of MulberryDesigns, Inc. Round percentage changes to one decimal place. 1. 2. Why did 2025net income increase by a higher percentage than net sales revenue? Requirement 1. Prepare a horizontal analysis of the comparative income statement of Mulberry Designs, Inc. Round percentage changes to one decimal place. (Round the percentages to one decimal place, X.X%. Use a minus sign or parentheses to indicate a decrease.) Mulberry Designs, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 Question Viewer Data 2025 2024 Increase (Decrease) Amount Percentage $ 432,550 $ 374,000 % Net Sales Revenue Expenses: Cost of Goods Sold 200,250 187,000 Selling and Administrative Expenses 96,000 95,350 do do % % 5,450 Other Expenses 301,700 4,650 287,000 % Net Sales Revenue Mulberry Designs, Inc. Comparative Income Statement Years Ended December 31, 2025 and 2024 2025 2024 $ 432,550 $ 374,000 Total Expenses % Expenses: $ 130,850 $ 87,000 Net Income % Cost of Goods Sold 200,250 187,000 Selling and Administrative Expenses 96,000 95,350 5,450 4,650 Other Expenses 301,700 Total Expenses $ 130,850 $ 287,000 87,000 Net Income Print Done