You have received the Statement of Income and Expenditure of your subsidiary for the year ending 2021 and 2022 respectively. Provide a comparative analysis of the financial performance of your subsidiary. Comparative Income Statement for the Years Ended 31st March 2021 & 2022 Particulars Sales22105122 [Marks:6] Percentage Change 31-03-21 Rs. 31-03-22 Absolute Change Rs. Rs. % 960000 1280000 320000 33.33 496000 712000 216000 43.55 464000 568000 104000 22.41 Less: COGS Gross Profit (A) Less: Administrative Expenses Selling expenses 176000 256000 80000 45.45 168000 144000 (24000) (14.29) Interest charges 9600 6400 (3200) (33.33) Total expenses (B) 353600 406400 52800 14.93 Net profit before income tax (A-B) Less: Income tax at 25% 110400 161600 51200 46.38 Net profit after tax 27,600 40400 12800 46.38 82,800 121200 38400 46.38