Exercise 13-6 (Part Level Submission) Here are the comparative income statements of Bramble Corporation BRAMBLE CORPORATION Comparative Income Statements For the Years Ended December 31 2017 2016 Net sales Cost of goods sold Gross Profit Operating expenses Net income $630,300 $569,500 448,200 429,100 140,400 40,300 $111,300 $100,100 182,100 70,800 ? (a) Prepare a horizontal analysis of the income statement data for Bramble Corporation, using 2016 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g.-55,000,-2096 or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.) BRAMBLE CORPORATION Comparative Income Statements