Simard Trading Company's condensed income statement for two years is shown below: Prepare a vertical percentage analysis of the income statements for 20X4 and 20X5. Round to the nearest percent (no decimals). Comment on the changes in COGS, operating expenses and any other notable changes from 20X4 to 20X5. Prepare a horizontal percentage analysis of the income statement using 20X4 as the base year. Round to the nearest percent (no decimals). Comment on the changes in sales returns. COGS, operating expenses and any other notable changes from 20X4 to 20X5