Income statement data for Winthrop Company for two recent years ended December 31 are as follows: \begin{tabular}{lrr} & Current Year & Previous Year \\ \hline Sales & $2,240,000 & $2,000,000 \\ Cost of goods sold & (1,925,000) & (1,750,000) \\ Gross profit & $315,000 & $250,000 \\ \hline Selling expenises & $(152,500) & $(125,000) \\ Administrative expenses & (118,000) & (100,000) \\ \hline Total operating expenses & $(270,500) & $(225,000) \\ \hline Income before income tax expense & $44,500 & $25,000 \\ Income tax expense & (17,800) & (10,000) \\ \hline Net income & $26,700 & $15,000 \\ \hline \end{tabular} a. Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for the current year when compared with the previous yoar, If required, round your answers to one decimal place