$\backslash$table$[[\backslash$table$[[$BLUE SPSLCE CORPORAIION$],[$ComparatWe Inceme Statement$],[$For the Years Ended December $31]]],[,2022,2021],[$Net sales,$$576,000,$$$490,000],[$Cost of goods sold,$440,064,404,160],[$Gross profit,$125,936,75,840],[$Operating expenses,$84,096,44,160],[$Net income,$$51,940,$$$31,690]]$

$(a)$

Prapara a horizsntal analysis of the incoma statarant data for Blva Sorvea Corporation, ving $2021$ as a base. $($ff amount and percentage are a decrease show the numbers as negative, egs$-55,000.-20\%$ or $(55,0001(20\%1.$ Round perentages to $1$ decimal plock, es$)12\mathrm{.}1\%$

$($b$)$

Prapara a vartical analyzis of the income statamant data for Blue Spruca Corgoration for both yarrs. $($Round percentages to $1$ decimal plact eg$.12\mathrm{.}1\%.$

$\backslash$table$[[\backslash$table$[[$ELUE SPRUCE CORPORATION$],[$Condensed Income Statements$]]],[,2022,2021],[,$s$,$Percent,,$$,$Percen,$],[$Net sales,$3576,000,,\%,$$$480,000,,\%],[$Cost of goods sold,$440,064,,\%,404,160,,$s$],[$Gross profit,$125,936,,\%,75,040,,\%],[$Operating expenses,$84,096,,\%,44,160,,56],[$Net income,$$51,840,,\%,$$$31,690,,16]]$