K Exercise 13-1A (Algo) Horizontal analysis LO 13-1 Finch Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in Finch Corporation's income statement components between the two years. Note: Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., 0.234 should be entered as 23.4). Sales Cost of goods sold Gross margin Operating expenses Income before taxes Income taxes Net income (loss) FINCH CORPORATION Income Statements Year 3 $ $ 1,298,000 $ 798,270 499,730 301,000 198,730 61,600 137,130 $ Year 2 1,004,500 602,700 401,800 197,500 204,300 52,700 151,600 Percentage Change % %

Exercise 13-1A (Algo) Horizontal analysis LO 13-1 Finch Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in Finch Corporation's income statement components between the two years. Note: Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place, (i.e., 0.234 should be entered as 23.4)