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The following items were taken from the financial statements of Sandhill, Inc., over a three-year period: Item 2023 2022 2021 Net Sales $350,000 $331,056 $304,000

The following items were taken from the financial statements of Sandhill, Inc., over a three-year period:

Item 2023 2022 2021

Net Sales

$350,000 $331,056 $304,000

Cost of Goods Sold

215,000 203,040 180,000

Gross Profit

$135,000 $128,016

$124,000

Compute the amount and percentage change from 2021 to 2022. (Round percentages to 1 decimal place, e.g. 17.5%.)

Item Amount Percentage

Net Sales

$Enter a dollar amount Enter percentages %

Cost of Goods Sold

Enter a dollar amount Enter percentages %

Gross Profit

$Enter a total dollar amount Enter percentages

%

Compute the amount and percentage change from 2022 to 2023. (Round percentages to 1 decimal place, e.g. 17.5%.)

Item Amount Percentage

Net Sales

$Enter a dollar amount Enter percentages %

Cost of Goods Sold

Enter a dollar amount Enter percentages %

Gross Profit

$Enter a total dollar amount Enter percentages %

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