Thornton Corporation reported the following operating results for two consecutive years: Required a. Compute the percentage changes in Thornton Corporation's income statement components between amounts should be indicated by a minus sign. Round your percentage answers to 1 decimal place. (ie as 23.4).) THORNTON CORPORATION Income Statements Percentage Change 77.01% Sales Cost of goods sold Gross margin Operating expenses Income before taxes Income taxes Net Income (loss) Year 3 Year 2 $ 1,300,000 $ 1,003,500 799,500 602.100 500,500 401,400 300,500 196,000 200,000 205,400 61,300 52,100 138,700 $ 153,300