During Year 2, cash dividends amounting to $6,500 were declared and paid. Recycle Bin Required: 1. Complete the following columns for each item in the preceding comparative financial statements (Negative answers should be indicated by a minus sign. Round percer decimal places (i.e., 0.1243 should be entered as 12.43).): Control Panel Increase (Decrease) Year 2 over Year 1 Amount Percentage | Income Statement Sales revenue Cost of sales Gross margin Operating expenses and interest expense Earnings before income taxes Income tax expense Net earnings Statement of financial position Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) 1 | IT Current liabilities Non-Current liabilities Common shares Retained eamings TTTTTT :: Type here to search ot The comparative financial statements prepared at December 31, Year 2, for Goldfish Company showed the following summarized data: Year 2 Year 1 Income Statement Sales revenue Cost of sales Gross margin Operating expenses and interest expense Earnings before income taxes Income tax expense Net earnings Statement of Financial Position Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) $336,240* 285,560 50,680 33,460 17,220 5.510 $ 11,710 $285,000 241,000 44,000 30,200 13,800 4200 S 9,600 $ 4,380 18,280 52,460 34,270 $ 109,390 $ 12,550 39,830 30,000 27.010 $ 109,390 $ 8,800 22,000 46,000 29,000 $105,800 $ 15,200 38,800 30,000 21.800 $105,800 Current liabilities Non-current liabilities Common shares Retained eamingst *One-third was credit sales. During Year 2, cash dividends amounting to $6,500 were declared and paid. Required: 1. Complete the following columns for each item in the preceding comparative financial statements (Negative answers should be indicated by a minus sign. Round percentage answers to 2 decimal places (ie., 0.1243 should be entered as 12.43).)