Data Mi Deskto mick the loved Red Requirement 1 portal is the component of Mulberry Dent Roundtage dans son capace Roundtagende. was to indicated) Mr Design, Compte Inc Statement X Year Endedecember 11, 2018 2017 Inc (Dec 2018 1 Property of the compancome Percentage | 2011 Wien Design and percentage changes to complace Net Sales 1000 1720 Why did 2018 new by rega E Conoods 203850 136.000 Selling and Administras 531100 53250 3.000 1550 ocche Anwa 1 CA i Data Table x arative income N Mulberry Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 e. (Round the percenta 5. Inc. 2017 Statement 2018 and 2011 Net Sales Revenue 431.000 $ 372 350 2017 Expenses Cost of Goods Sold Selling and Administrative Expenses 203.850 186.000 372 3 93250 99 000 9.000 Other Expenses 4.650 136.00 Total Expenses 311850 283.900 Net Income 119. 150 5 88.450 4.64 Answer TuleAT Jala Tor Mulberry 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 Mulberry Designs, Inc F sign or parentheses to indicate a decrease.) Mulberry Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Increase (Decrease! Amount Percentage 2018 2017 Nel Sales Revenue $ 431.000 $ 372 350 Expenses Cost of Goods Sold Selling and Administrative Expenses 203.850 186.000 til at 99 000 93.250 niepanu number in the edit fields and then click Check Answer e incl i Requirements X ement 8 and 1. Prepare a horizontal analysis of the comparative income statement of Mulberry Designs, Inc. Round percentage changes to one decinal place 2. Why did 2018 net income increase by a higher percentage than net sales revenue? 20 3 3 Done 99 250 46502