Use the balance sheet below and complete the Increase/Decrease Amount and percentage columns to perform a Horizontal Analysis.

Quidditch Corporation Comparative Income Statement Years Ended December 31, 2019 and 2018 Increase (Decrease) 2019 2018 Amount Percentage Net Sales Revenue $230,000 200,000 Expenses: Cost of Goods Sold 75,000 85,000 Selling & Administrative Expenses 16,000 15,000 Other Expenses 6,000 3,000 Total Expenses 97.000 103.000 Net Income $133,000 $97.000