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The income statements for Galaxy 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 Galaxy 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 Galaxy Tennis income statement. (Decreases shoul be indicated by a minus sign. Round your percentage answers to 1 decimal place) GALAXY TENNIS Income Samanta For the Year Ended December 31 Amount Net als Cost of goods sold Gross profit Operating expenses Operating income Other income expense) Income before Income tax expense Net income 2021 2020 56,120,000 $ 6.230.000 2,840,000 2.915.000 34280,000 3315.000 1.505.000 1.350.000 1,775.000 1.929.000 50.000 3.000 1.634.000 2012.000 388.000 434000 S 1446.000 S 8.000 80 cao CODE $ # # 3 4 % 5 6 & 7 8 9 0 E R. T Y U O

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