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Required information Complete this question by entering your answers in the tabs below. Income Statement Balance Sheet Complete the following columns for each item in

Required information Complete this question by entering your answers in the tabs below.
Income Statement
Balance Sheet
Complete the following columns for each item in the preceding comparative financial statements:
Note; Enter your percentage answers rounded to 2 decimal places (i.e.0.1234 should be entered as 12.34). Decreases should be indicated by a minus sign.
\table[[CHINOOK COMPANY],[Income Statement],[,Increase (Decrease)],[,from Year 1 to Year 2],[,Amount,Percent,],[Sales revenue,,,%],[Cost of goods sold,,,%],[Gross profit,,,%],[Operating expenses and interest expense,,,%],[Pretax income,,,%],[Income tax,,,%],[Net income,,,%]]
Income
Statement
Balance Sheet
Complete the following columns for each item in the preceding comparative financial statements:
Note; Enter your percentage answers rounded to 2 decimal places (i.e.0.1234 should be entered as 12.34). Decreases should be indicated by arminus sign.
\table[[CHINOOK COMPANY],[Balance Sheet],[,Increase (Decrease)],[,from Year 1 to Year 2],[,Amount,Percent,],[Cash,,,%],[Accounts receivable (net),,,%],[Inventory,,,%],[Property and equipment (net),,,%],[Total Assets,$,,%],[Current liabilities (no interest),,,%],[Long-term liabilities (interest rate: 8%),,,%],[Common stock ($5 par value, 5,700 shares outstanding),,,%],[Retained earnings,,,%],[Total liabilities and stockholders' equity,$,,%]]
[The following information applies to the questions displayed below.]
The comparative financial statements for Chinook Company are below
\table[[,Year 2,Year 1],[Income statement],[Sales revenue,$190,300,$167,600],[Cost of goods sold,113,900,101,600],[Gross profit,76,400,66,000],[Operating expenses and interest expense,56,800,53,800],[Pretax income,19,600,12,200],[Income tax,5,880,3,660],[Net income,$13,720,$8,540],[Balance sheet],[Cash,$5,300,$6,500],[Accounts receivable (net),15,900,17,000],[Inventory,40,500,33,800],[Property and equipment (net),45,000,37,100],[Total assets,$106,700,$94,400],[Current liabilities (no interest),$15,500,$16,500],[Long-term liabilities (interest rate: 81),44,900,44,900],[Common stock ( $5 par value, 5,700 shares outstanding),28,500,28,500],[Retained earnings,17,800,4,500],[Total liabilities and stockholders' equity,$106,700,$94,400]]
Required:
Complete the following columns for each item in the preceding comparative financial statements:
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