The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. Required: Prepare a horizontal analysis for 2022 using 2021 as the base year. (Decreases should be indicated with a minus sign. Round your percentage answers to 1 decimal place.) Increase (Decrease) Amount 9 Net sales Cost of goods sold Gross profit Operating expenses Depreciation expense Inventory write-down Loss (litigation) Income before tax Income tax expense Net Income FEDERER SPORTS APPAREL Income Statement For the Years Ended December 31 Year 2022 2021 $ 19,400,000 $ 16.100,000 12,920,400 7373,800 6,479,600 8.726,200 1,765 400 1,336,300 1.144,600 1.144.600 329,800 1,668.400 289,800 1,571.400 5.955,500 582,000 2. 173.500 s 989.400$ 3.782.000