Here are the comparative income statements of Pina Colada Corporation. PINA COLADA CORPORATION Comparative Income Statement For the Years Ended December 31 2022 2021 Net sales $648,000 $540,000 Cost of goods sold 517,104 465,480 Gross profit 130,896 74,520 Operating expenses 85,536 48,060 Net income $ 45,360 $ 26,460 Prepare a horizontal analysis of the income statement data for Pina Colada Corporation, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, es, -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, es 12.1%) PINA COLADA CORPORATION Comparative Income Statement For the Years Ended December 31 Increase or (Decrease) During 2022 2022 2021 Amount Percentage % Net sales $648.000 $540,000 % Cost of goods sold 517,104 465.480 % Gross profit 130,896 74,520 % Operating expenses 85,536 48,060 % Net income $ 45,360 $ 26,460