The comparative financial statements for Prince Company are below: Income statement: Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income Balance sheet: Cash Accounts receivable (net) Inventory Property and equipment (net) Year 2 $190,600 Year 1 $169,000 113,300 100,100 77,300 68,900 56,900 53,900 20,400 15,000 6,120 4,500 $ 14,280 $ 10,500 $ 4,000 $ 5,200 14,600 16,100 41,700 32,100 46,600 36,400 $106,900 $ 89,800 $ 15,800 Total assets Current liabilities (no interest) Long-term liabilities (9 interest) Common stock ($5 par value, 5,200 shares outstanding) Retained earnings Total liabilities and stockholders' equity $ 14,800 44,700 26,000 21,400 44,700 26,000 3,300 $106,900 $ 89,800 Required: 1. Complete the following columns for each item in the preceding comparative financial statements: (Enter your answer as a percentage rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34). Decreases should be indicated by a minus sign.) PRINCE COMPANY Income Statement Sales revenue Cost of goods sold Gross profit Operating expenses and interest expense Pretax income Income tax Net income Increase (Decrease) from Year 1 to Year 2 Amount Percent % % % % % % %