The income statements for Anything Kayaking for the years ending December 31, 2024 and 2023, are provided below.

Required: 1. Complete the "Amount" and "%" columns to be used in a horizontal analysis of the income statements for Anything Kayaking. (Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.)

ANYTHING KAYAKING Income Statements For the Years Ended December 31 \begin{tabular}{|l|r|r|} \hline & & \\ \hline Net sales & 2024 & 2023 \\ \hline Cost of goods sold & 3,290,000 & $2,480,000 \\ \hline Gross profit & 2,080,000 & 1,345,000 \\ \hline Operating expenses & 1,210,000 & 1,135,000 \\ \hline Operating income & 775,000 & 602,000 \\ \hline Other income (expense) & 435,000 & 533,000 \\ \hline Income before tax & 8,600 & \\ \hline Income tax expense & 443,600 & 5,300 \\ \hline Net income & 96,500 & 133,000 \\ \hline \end{tabular}