Please help me solve these income statements!

Exercise 14-6 Here are the comparative income statements of Delaney Corporation. Delaney Corporation Comparative Income Statements For the Years Ended December 31 2020 2019 $749,000 $625,000 584,220 508,125 Net sales Cost of goods sold Gross profit Operating expenses Net income 164,780 116,875 103,362 58,125 $ 61,418 $ 58,750 Prepare a horizontal analysis of the income statement data for Delaney Corporation, using 2019 m a base (Show the amounts of increase or decrease) (Enter negative amounts and percentages using either a negative in preceding the number .g. -45, -45% or parenthesese.g. (45), (459). Round percentages to I decimal place, c.9. 12.34.) DELANEY CORPORATION Condensed Income Statements For the Year Ended December 31 Increase or (Decrease) During 2020 2020 2019 Amount Net 3749,000 625,000 Cost of goods sold 584,220 508,125 Gross pront 164,780 Operating expenses 103,352 58,125 Net income $61,418 $58.750 Prepare a vertical analysis of the income statement data for Delaney Corporation for both years. (Round percentages to 1 decimal place, e.g. 12.3%.) DELANEY CORPORATION Condensed Income Statements December 31 2020 2019 Amount Percent Amount Percent Net sales $749,000 $625,000 Cost of goods sold 584,220 508,125 Gross profit 164,780 116,875 Operating expenses 103,362 58,125 Net Income $ 61,418 $58,750 Click if you would like to Show Work for this question Open Show Work