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Rundle Corporation reported the following operating results for two consecutive years. Required a. Compute the percentage changes in Rundle Corporation's income statement components between the

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Rundle Corporation reported the following operating results for two consecutive years. Required a. Compute the percentage changes in Rundle Corporation's income statement components between the two years. (Negative amounts should be indicated by a minus sign. Round your percentage onswers to 1 decimal place.li.e, 0.234 should be entered as 23.4).) RUNDLE CORPORATION Income Statements Percentage Change % Sales Cost of goods sold Gross margin Operating expenses Income before taxes Income taxes Net income (loss) Year 3 Year 2 $ 1.298,000 $1,003,500 798 270 602.100 499,730 401.400 301,500 197 500 198.230 203.900 61700 52 200 $ 136 530 $ 151.700

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