ES Here are the comparative Income statements of Sunland Corporation SUNLAND CORPORATION Comparative Income Statement For the Years Ended December 31 2021 Net als Cost of goods sold Gros Profit Operating expenses et income 2012 5632,600 447,800 184,800 76 500 $ 108,300 3540, 500 405.900 142.600 42.900 $ 99,700 Prepare a horizontal analysis of the income statement data for Sunland Corporation, using 2021 as a base (If amount and percentage are a decrease show the numbers as negative, .g. -55,000, -20 SUNLAND CORPORATION Comparative Income Statement dy Increase or (Decrease) During 2022 Amount Percentage 2022 2021 1632.600 $548,500 Cost of goods sold 447,600 405,900 Gross Prote 184,800 142,600 Operating expenses 76,500 42,900 Net Income $ 108,300 $ 99,700 (1) Prepare a vertical analysis of the income statement data for Sunland Corporation for both years. (Round percentages to 1 decimal place, .. 12.19.) SUNLAND CORPORATION Condensed Income Statements 2022 Percent 2021 Percent $ Net als 5632,600 5548,500 Cost of goods sold 447,800 405,900 Gross Profit 184,500 142.600 76,500 42,900 Net income 5 100,300 $ 99,700 Click if you would like to show Work for this question Open Show Work