The income statements for Galaxy Tennis 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 Galaxy Tennis income statement. (Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) GALAXY TENNIS Income Statements For the Years Ended December 31 2024 2023 Net sales Cost of goods sold Gross profit Operating expenses $ 6,175,000 $ 6,270,000| 2,860,000 2,925,000 3,315,000 3,345,000 1,515,000 1,394,000 Operating income 1,800,000 1,951,000 Other income (expense) 61,000 87,000 Income before tax Income tax expense Net income $ 1,469,000 $ 1,602,000 1,861,000 2,038,000 392,000 436,000 Increase (Decrease) Amount %