Data for Verifine 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 Verifine 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.) Verifine Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 Increase (Decrease) 2024 2023 Amount Percentage 432,550 $ 373,000 % Net Sales Revenue Expenses: Cost of Goods Sold 200,000 187,550 % Selling and Administrative Expenses 98,000 95,350 % Other Expenses 8,000 2,000 % Total Expenses 306,000 284,900 % $ 126,550 $ Net Income 88,100 %