Requirement 1. Prepare antal analysis of the comparative Income statement of Venine Design Round percentage changes to one decimal place (Round the percentage des parentheses to indican a decrease) Veritine Designs, Inc Comparative Income Statement Years Ended December 31, 2010 and 2017 Increases 2018 2017 Amount Percentage Net Sales Revenue 1 429.7505 374,000 EX Cost of Goods Sold 203.000 118000 Selling and Administrative Expenses 98.000 05350 Other Expenses 7.000 6.000 Total Expenses 30 000 209.750 14.650 Nincome 121.750 Verifine Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 429,750 $ 374,000 Expenses 203,000 188,000 Cost of Goods Sold Selling and Administrative Expenses 98,000 7.000 95,350 6,000 Other Expenses 308,000 289.350 Total Expenses $ 121,750 S 84,650 Net Income Print Done statement of Verifine Designs, Inc. Round percentage changes to one decimal place. (Round the pe 0 Requirements - 1. Prepare a horizontal analysis of the comparative income statement of Verifine Designs, Inc. Round percentage changes to one decimal place. 2. Why did 2018 net income increase by a higher percentage than net sales revenue? 00