The income statements for Company A for Year 2 and Year 1 are presented below. Required: Prepare a horizontal analysis for Year 2 using Year 1 as the base year. (Decreases should be indicated with a minus sign. Round your percentage answers to 1 decimal place.) COMPANY A Income Statement For the Years Ended December 31 Year Increase (Decrease) Year 2 Year 1 Amount Net sales $ 18.100.000 S 14,800,000 Cost of goods sold 13,466.400 6.586,000 Gross profit 4,633.600 8214,000 Operating expenses 1.411.800 1,036,000 Depreciation expense 832.600 832.600 Inventory write-down 72.400 Loss (itigation) 1,321,300 251,600 Income before tax 995.500 6.093,800 Income tax expense 307,700 1.805,600 Net income $ 607.800 $ 4.200.200