E17-13 (similar to) Question Help 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. Round percentage changes to one decimal place. (Round the percentages to one decimal place, XX%. Use a minus sign or parentheses to indicate a decrease) Mariner Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Increase (Decrease) Amount Percentage 2017 2018 429,750 $ $ 373.000 Net Sales Revenue Expenses Cost of Goods Sold 201,000 186.250 Enter any number in the edit fields and then click Check Answer E17-13 (similar to) Data for Mariner Designs, Inc. follow: (Click the icon to view the data.) Read the requirements. Master- Years Ended December 31, 2018 and 2017 2018 2017 Increase (Decrease) Amount Percentage $ 429,750 $ 373,000 Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses 201,000 96,550 8,500 306,050 123,700 $ 186,250 92,000 5,000 283,250 Other Expenses Total Expenses Net Income 89,750 Enter any number in the edit fields and then click Check Answer. 1 part Decer Mariner Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 $ 429,750 $. 373,000 Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses Other Expenses 201,000 96,550 8,500 306,050 123,700 $ 186,250 92,000 5,000 Total Expenses 283,250 89,750 $ Net Income S ruuuuu Requirements 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? mses Print Done