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Here are the comparative income statements of Delaney Corporation. DELANEY CORPORATION Comparative Income Statement For the Years Ended December 3 1 2 0 2 5

Here are the comparative income statements of Delaney Corporation. DELANEY CORPORATION Comparative Income Statement For the Years Ended December 3120252024 Net sales. $644500 $557,200COGS $457,600 $400,400Gross Profit $186,900 $156,800 operating expens $77,100 $48,100Net income $109,800108,700
Prepare a horizontal analysis of the income statement data for Delaney Corporation, using 2024 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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