Here are the comparative condensed income statements of Oriole Corporation. Oriole Corporation Condensed Income Statements For the Years Ended December 31 Net sales Cost of goods sold Gross profit Operating expenses Net income (a) 2022 Net sales $696,000 546,360 149,640 96,048 $53,592 2022 2021 $578,000 475,116 102,884 54,332 Prepare a horizontal analysis of the income statement data for Oriole Corporation, using 2021 as a base. (Show the amounts of increase or decrease.) (Enter negative amounts and percentages using either a negative sign preceding the number e.g. -45, -45% or parentheses e.g. (45), (45%). Round percentages to 1 decimal place, e.g. 12.3%.) $ 48,552 ORIOLE CORPORATION Condensed Income Statements 2021 $696,000 $578,000 $ Increase or (Decrease) During 2022 Amount Percentage %

Here are the comparative condensed income statements of Oriole Corporation. (a) Prepare a horizontal analysis of the income statement data for Oriole Corporation, using 2021 as a base. (Show the amounts of increase or decrease.) (Enter negative amounts and percentages using either a negative sign preceding the number eg. 45,45% or parentheses eg. (45), (45\%). Round percentages to 1 decimal place, es. 12.3\%) Prepare a vertical analysis of the income statement data for Oriole Corporation for both years. (Round percentoges to 1 decimal plac e.8. 12.3\%) Prepare a vertical analysis of the income statement data for Oriole Corporation for both years. (Round percentoges to 1 decimal ploce, es. 12.3%