Please provide work on how as well, thank you.

EC-13 Performing horizontal analysisincome statement Data for Mulberry Designs, Inc. follow: MULBERRY DESIGNS, INC. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 $ 431,000 $372,350 Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses Net Income 203,850 99,000 9,000 311,850 $ 119,150 186,000 93,250 4,650 283,900 $ 88,450 Requirements 1. Prepare a horizontal analysis of the comparative income statement of Mulberry Designs, Inc. Round percentage changes to one decimal place. 2. Why did 2018 net income increase by a higher percentage than net sales revenue