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I need the formulas needed to find the Vertical Analysis:2021 and Horizontal Analysis. The formulas you put into eachcell to find the answer not just

I need the formulas needed to find the Vertical Analysis:2021 and Horizontal Analysis. The formulas you put into eachcell to find the answer not just the answer.

Comparative Income Statements: 2020 and 2021

Horizontal Analysis
2021Vertical Analysis: 2021 2020Dollar ChangePercentage Change
Sales (net) $ 7,964,200 $ 7,383,000$ 581,200
Cost of Sales $ 5,319,600 $ 5,061,900$ 257,700
Gross profit $ 2,644,600 $ 2,321,100$ 323,500

Operating Expenses

Selling, general, admin expenses $ 1,603,300 $ 1,523,700$ 79,600
Credit card expenses $ 49,600 $ 48,200$ 1,400
Depreciation expense $ 243,100 $ 218,800$ 24,300
Total operating expenses $ 1,896,000 $ 1,790,700$ 105,300

Operating income (EBIT)

$ 748,600 $ 530,400$ 218,200

Interest expense

$ 59,800 $ 69,500$ (9,700)

Income before Income Taxes (EBT)

$ 688,800 $ 460,900$ 227,900

Income tax expense

$ 192,100 $ 133,260$ 58,840

Net income

$ 496,700 $ 327,640$ 169,060

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