Price Company had the following income statement to be used in horizontal analysis: 2019 2018 $ 850,000 $ 1,000,000 Sales Cost of Goods Sold 306,000 400,000 Gross Profit 544,000 600,000 Operating Expenses 310,000 360,000 Income Before Taxes 234,000 240,000 Income Tax Expense 93,600 96,000 Net Income $ 140,400 $ 144,000 Required: Examine operating expenses and compute the following. Indicate for each whether the change is an increase or a decrease: 1. Compute the change in dollar amount from 2018 to 2019. 2. Compute the percentage change from 2018 to 2019. Round your answer to two decimal places. Increase or Decrease Amount of Change Percent of Change Increase Decrease