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The income statements for Anything Tennis for the years ending December 31, 2021 and 2020, are provided below. Required: 1. Complete the Amount and %

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The income statements for Anything Tennis for the years ending December 31, 2021 and 2020, are provided below. Required: 1. Complete the "Amount" and "%" columns to be used in a horizontal analysis of the income statements for Anything Tennis. (Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) ANYTHING TENNIS Income Statements For the Years Ended December 31 Increase (Decrease) Amount Net sales Cost of goods sold Gross profit Operating expenses Operating income Other Income (expense) Income before tax Income tax expense Net Income 2021 2020 $ 3,625,000 $ 2,720,000 2,200,000 1,405,000 1.425,000 1,315,000 835,000 650 000 590,000 665 000 11,000 6.500 601.000 671,500 102,500 145,000 $ 498,500 $ 526.500

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