or total assets and each Hability and Stockholdend equity items a percent of tive uma Habilities and stockholders' equity. Round to one decimal place. OB). 1 a Ner income SG 125.09 Income statement data for Bezos company for the years ended December 31, 2014 and 2013, are as follows: 2014 2013 Sales $ 840,000 $600,000 Cost of goods sold 724,500 525,000 Gross profit $ 115,500 $ 75,000 Selling expenses $ 52,500 $ 37,500 Administrative expenses 41,400 30,000 Total operating expenses $ 93,900 $ 67,500 Income before income tax $ 21,600 $ 7,500 Income tax expense 10,800 2,700 Net Income $ 10,800 4,800 . Prepare a comparative income statement with horizontal analysis, indicating the in- crease (decrease) for 2014 when compared with 2013. Round to one decimal place. b. What conclusions can be drawn from the horizontal analysis