TAR SUOME Check my work 3 The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. Required: Prepare a horizontal analysis for 2022 using 2021 as the base year (Decreases should be Indicated with a minus sign. Round your percentage answers to 1 decimal place.) . onts 2 Increase (Decrease) Amount per Ruference Net sales Cost of goods sold Gross profit Operating expenses Depreciation expense Inventory write down Longation Income before to income Tampons Not income FEDERER SPORTS APPAREL Income Statement For the Years Ended December 31 Year 2022 2021 $ 18,000,000 $15.500.000 13.200.000 7,000,000 5.600.000 8,500,000 1.000.000 1.200,000 1.000.000 1,000,000 200.000 1.500,000 300.000 1.300.000 6.000.000 450.000 2.000.000 $ 850.000 54.000.000