Problem 12-2B Perform horizontal analysis (LO12-2) The income statements for Galaxy Tennis for the years ending December 31, 2021 and 2020, are provided below. Required: 1. Complete the "Amount" and "%" columns to be used in a horizontal analysis of Galaxy Tennis income statement. (Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) GALAXY TENNIS Net sales Cost of goods sold Gross profit Operating expenses Operating income Other income (expense) Income before Income Statement For the Years Ended December 31 Increase (Decrease) 2021 2020 Amount % $ 6,150,000 $ 6,250,000 $ 100,000 2,850,000 2,920,000 3,300,000 3,330,000 1,510,000 1,390,000 1,790,000 1,940,000 60,000 85,000 1,850,000 2,025,00 390,000 435,000 $ 1,460,000 $ 1,590,000 Income tax expense Net income