Horizontal analysis (trend analysis) percentages for Sunland Company's sales revenue, cost of goods sold, and expenses are listed here.. Horizontal Analysis 2022 2021 2020 Sales revenue 100.0 % 108.6 % 107 % Cost of goods sold 105 102 118 Expenses 109.4 99.2 118. Select whether Sunland's net income increased, decreased, or remained unchanged over the 3-year period. 2022 2021 Sunland's net income Increased Decreased