PRACTICAL PROBLEM P.9-1 Comparative income statements for 2 years of Decent Trading Company are presentedjas under:- Income Statement All amounts are in Rs. Year A Year B Net Sales 780,000 955,000 Less: Cost of goods Sold 540,000 630,000 Gross income 220,000 325,000 Less: Operating expenses Selling & Marketing 70,500 80,200 Administration 40,300 45,000 Operating income 109,200 199,800 Interest expenses 200 300 Net income before tax 109,000 199,500 Income tax 33,000 58,000 Net income after tax 76,000 141,500 Required: a) Work out the horizontal analysis of the above income statement. b) Analyze and interpret the changes found in it