need help with answer to 13-1 and 13-2. ty!

LO 13-2 M13-1 Calculations for Horizontal Analyses Using the following income statements, perform the calculations needed for horizontal analyses. Round percentages to one decimal place. LOCKEY FENCING CORPORATION Income Statements For the Years Ended December 31 Current Previous Net Sales Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Income from Operations Interest Expense Income before Income Tax Income Tax Expense Net Income $100,000 58,000 42,000 9,000 33,000 3,000 30,000 9,000 $ 21,000 $75,000 45,000 30,000 4,500 25,500 3,750 21,750 6,525 $15,225 LO 13-3 M13-2 Calculations for Vertical Analyses Refer to M13-1. Perform the calculations needed for vertical analyses. Round percentages to one decimal place