Here are the comparative income statements of Bramble Corp BRAMBLE CORP. Comparative Income Statement For the Years Ended December 31 2020 2019 Net sales $588,000 $490,000 Cost of goods sold 459.816 412,580 Gross Profit 128,184 77,420 Operating expenses 84,084 47,040 Net income $ 44,100 $ 30,380 (a) Prepare a horizontal analysis of the income statement data for Bramble Corp., using 2019 as a base famous and percentarea decrease show the numbers as negative, eg.-55,000, 20% or (55,000). (20%). Round percentages to 1 decimal places, 12.1%) (a) Prepare a horizontal analysis of the income statement data for Bramble Corp., using 2019 as a 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%.) BRAMBLE CORP. Comparative Income Statement Increase or (Decrease) During 2020 Amount Percentage 2020 2019 Net sales $588,000 $490,000 $ % Cost of goods sold 459.816 412,580 % Gross Profit 128,184 77,420 % Operating expenses 84,084 47,040 % Net income $ 44,100 $ 30,380 $ % (b) Prepare a vertical analysis of the income statement data for Bramble Corp. for both years. (Round percentages to 1 decimal place, es 12.1%) BRAMBLE CORP. Condensed Income Statements 2020 2019 Percent Percent Net sales $588,000 % $490,000 % Cost of goods sold 459,816 % 412,580 % Gross Profit 128,184 % 77,420 84,084 Operating expenses % % 47,040 26 Net income $ 30,380 $ 44,100