Tri-Comic Company Comparative Income Statement For the Years Ended December 31, 20Y2 and 2041 20Y2 2011 Sales $569,000 $489,000 Cost of merchandise sold 267,430 259,170 Gross profit $301,570 $229,830 $108,110 $88,020 Selling expenses Administrative expenses 56,900 58,680 Total operating expenses $165,010 $146,700 Income from operations $136,560 $83,130 Other revenue 17,070 24,450 Income before income tax expense $153,630 $107.580 Income tax expense 62,590 44,010 Net income $91,040 $63,570 como Wive come to the words of each min wall to sales fuertes percentages us while mersin Ti Come Company Comparative Income Mate For the Year Ended December 31, 2017 and 2013 2013 2012 BOY 2011 Amount Percent Am Percent Ses 350.000 14.000 Comechandise 367.430 25.170 Group 301.570 2.30 Sellings 110110 000 Administrave expenses $0.90 60 Total tingenes 5165.00 $14.00 incontro 1136,560 10 Other 17,070 24450 Income fare income tax 1153,670 $107.30 income tax one 2.990 44,010 Tuet income 101,040 163,570 2. The walls that the cost other than expect of merchandises and admittee The motion to have been Wiesing percent of Come com a hthe 1. Prepare a comparative income statement for the two-year period, presenting an analysis of eac Tri-Comic Company Comparative Income Statement For the Years Ended December 31, 2012 and 20Y1 20Y2 20Y2 20Y1 20Y1 Amount Percent Amount Percent Sales $569,000 % $489,000 % Cost of merchandise sold 267,430 % 259,170 % Gross profit $301,570 % $229,830 % Selling expenses $108,110 % $88,020 % Administrative expenses 56,900 % 58,680 % $165,010 % $146,700 % Total operating expenses Income from operations $136,560 % $83,130 24,450 Other revenue 17.070 19% Income before income tax expense $153,630 Income tax expense 62.590 % $107.580 % 44,010 % % $91,040 $63,570 Net income