Print ltern Horizontal Analysis of the Income Statement Income statement data for Winthrop Company for two recent years ended December 31, are as follows Current Year $396,800 329,400 $67,400 $19,380 17,080 $36,460 $30,940 12,400 $18,540 Previous Year Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income before income tax Income tax expenses Net income $320,000 270,000 $50,000 $17,000 14,000 $31,000 $19,000 7,600 $11,400 for the previous year. If required, round to one decimal place. Comparative Income Statement For the Years Ended December 31 year year (Decrease) (Decrease) Amount Amount Amount Percent