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Here are the comparative condensed income statements of Pronghorn Corp. PRONGHORN CORP Condensed Income Statements For the Years Ended December 31 2022 2021 Net sales

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Here are the comparative condensed income statements of Pronghorn Corp. PRONGHORN CORP Condensed Income Statements For the Years Ended December 31 2022 2021 Net sales $570,000 S640,900 429,403 407,550 Cost of goods sold Gross Profit Operating expenses 211,497 162.450 39.900 74,908 $ 134.589 Net income $ 122,550 Prepare a horizontal analysis of the income statement data for Pronshorn Corp, using 2021 2a base. (If amount and percentage are a decrease show the numbers as negative eg.-55.000.-20% or (55.000),(20) Round percentages to 1 decimal place eg 12.1%) PRONGHORN CORP Condensed Income Statements Increase or (Decrease) During 2022 Amount Percentage 2022 2021 Netsales $640,900 $570,000 38 Cost of goods sale 429,402 407,550 36 Gross Profit 211497 162,450 56 Operating expenses 76,900 39,900 56 Nes income $134589 $ 122,550 $

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