Rylander Corporation
Comparative Income Statements
For the Years Ended December 31, 2014 and 2013
		2014		2013		Increase or Decrease Amount		Increase or Decrease Percentage
Net sales		$ 6,553,600		$ 6,292,800		$		%
Cost of goods sold		4,177,600		4,016,800				%
Gross margin		$ 2,376,000		$ 2,276,000		$		%
Operating expenses
Selling expenses		$ 953,600		$ 1,036,000		$		%
Administrative expenses		894,400		$ 846,400				%
Total operating expenses		$ 1,848,000		$ 1,882,400		$		%
Income from operations		$ 528,000		$ 393,600		$		%
Interest expense		131,200		78,400				%
Income before income taxes		$ 396,800		$ 315,200		$		%
Income taxes expense		124,800		113,600				%
Net income		$ 272,000		$ 201,600		$		%
Earnings per share		$ 3.40		$ 2.52		$		%