Take me to the text The following financial statements are taken from the records of Karde Inc. a) Use horizontal analysis techniques to compare the changes between 2019 and 2018 balance sheet items: Do not enter dollar signs or commas in the input boxes. Usi the negative sign for negative values. Round all answers to 2 decimalplaces. b) Perform a vertical analysis of the income statement for 2019 , stating all income statement items as a percentage of not sales. Karde Inc. Income Statement \begin{tabular}{|l|r|r|} \hline \multicolumn{2}{|c|}{ For the Year Ended October 31} \\ \hline Sales & \multicolumn{1}{|c|}{2019} \\ \hline Cost of Goods Sold & $717,000 & % \\ \hline Gross Profit & $215,100 & % \\ \hline Operating Expenses & $501,900 & % \\ \hline Advertising Expense & $102,500 & % \\ \hline Bank Charges Expense & $499,400 & % \\ \hline Communication Expense Income & % \\ \hline Total Operating Expenses & $4,400 & % \\ \hline Depreciation Expense & $4,800 & % \\ \hline Professional Fees Expense & $53,400 & % \\ \hline Rent Expense & $4,500 & % \\ \hline & $7,400 & % \\ \hline \end{tabular}