Exercise 13-1A (Algo) Horizontal analysis LO 13-1 Solomon Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in Solomon Corporation's income statement components between the two years. (Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place. (.e., 0.234 should be entered as 23.4).) SOLOMON CORPORATION Income Statements Year 3 Year 2 Percentage Change Sales Cost of goods sold Grossmagi Operating expenses income for taxes Income taxes Net income foss) $ 1.297,000 $ 1.000.000 797655 000 000 490 345 400.000 300.500 100,000 198,845 201,000 61 000 53,000 S 1372455 148.000