The comparative financial statements for Prince Company are below:

	Year 2				Year 1
Income statement:
Sales revenue	$	190,300			$	168,000
Cost of goods sold		112,900				100,500
Gross profit		77,400				67,500
Operating expenses and interest expense		57,800				54,800
Pretax income		19,600				12,700
Income tax		5,880				3,810
Net income	$	13,720			$	8,890
Balance sheet:
Cash	$	5,100			$	5,300
Accounts receivable (net)		14,500				17,200
Inventory		41,000				32,300
Property and equipment (net)		45,400				37,500
Total assets	$	106,000			$	92,300
Current liabilities (no interest)	$	14,300			$	15,300
Long-term liabilities (8 interest)		43,700				43,700
Common stock ($5 par value, 5,700 shares outstanding)		28,500				28,500
Retained earnings		19,500				4,800
Total liabilities and stockholders' equity	$	106,000			$	92,300

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
	Increase (Decrease)
	from Year 1 to Year 2
	Amount	Percent
Sales revenue			%
Cost of goods sold			%
Gross profit			%
Operating expenses and interest expense			%
Pretax income			%
Income tax			%
Net income			%

PRINCE COMPANY
Balance Sheet
	Increase (Decrease)
	from Year 1 to Year 2
	Amount	Percent
Cash			%
Accounts receivable			%
Inventory			%
Property and equipment			%
Total assets			%
Current liabilities (no interest)			%
Long-term liabilities (8% interest) Common stock ($5 par value, 5700 share outstanding Retained earnings Total liabilities and stockholders equity			%