Read the requirements. Requirement 1. Prepare a horizontal analysis of the comparative income statement of Mill Designs, Inc. Use a minus sign or parentheses to indicate a decrease.) Mill Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 Mill Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 2023 Net Sales Revenue $ 429,000 $375,750 Increase (Decrease) Amount Percentage Expenses: 2024 2023 Cost of Goods Sold 205,000 185,000 Net Sales Revenue $ 429,000 $ 375,750 % Selling and Administrative Expenses 93,000 Expenses: 100,050 7,000 Other Expenses 5,750 Cost of Goods Sold 205,000 185,000 % Total Expenses 312,050 283,750 Selling and Administrative Expenses % 100,050 7,000 93,000 5,750 $ 116,950 $ 92,000 Other Expenses % Net Income Total Expenses 312,050 283,750 $ 116,950 $ 92,000 Net Income % Print Done