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Here are the comparative income statements of Bramble Corporation. BRAMBLE CORPORATION Comparative Income Statement For the Years Ended December 31 2022 2021 Net sales

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Here are the comparative income statements of Bramble Corporation. BRAMBLE CORPORATION Comparative Income Statement For the Years Ended December 31 2022 2021 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 Corporation, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)

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